The country was number 7 in 2023, Italy came ahead 0 Percent of GDP. Belgium, Hungary and Finland respectively came in numbers 2, 3 and 4 in this ranking.
How does Serbia rank in Business Expenditure on R&D in Repair and Installation of Machinery and Equipment?
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 0.01 | 2023 | +11.11% | +4.56% | View data |
| 2 | 2 Belgium | 0.009 | 2023 | +12.5% | +24.57% | View data |
| 3 | 3 Hungary | 0.008 | 2021 | View data | ||
| 4 | 4 Finland | 0.005 | 2021 | -16.06% | View data | |
| 5 | 5 Portugal | 0.005 | 2023 | 0% | +10.76% | View data |
| 6 | 6 Poland | 0.004 | 2023 | 0% | 0% | View data |
| 7 | 7 Italy | 0.003 | 2023 | 0% | -19.73% | View data |
| 8 | 8 Serbia | 0.003 | 2023 | 0% | ||
| 9 | 9 Sweden | 0.002 | 2023 | 0% | -4.36% | View data |
| 10 | 10 Spain | 0.002 | 2021 | View data |
