The country ranked number 45 in 2022, Luxembourg overtook 1.32 Percent of Total HERD. China, Bulgaria and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Malta rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 47 Countries | Percent of Total HERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 32.61 | 2023 | +0.019% | +4.19% | View data |
| 2 | 2 Russia | 30.46 | 2023 | +0.37% | +0.95% | View data |
| 3 | 3 Bulgaria | 18.84 | 2023 | +0.054% | -0.43% | View data |
| 4 | 4 South Korea | 14.03 | 2023 | -0.046% | -0.31% | View data |
| 5 | 5 Taiwan | 13.21 | 2023 | +4.36% | +5.88% | View data |
| 34 | 34 Denmark | 2.66 | 2023 | +0.28% | +0.33% | View data |
| 35 | 35 Hungary | 2.61 | 2023 | -8.49% | -13.5% | View data |
| 36 | 36 Malta | 2.4 | 2023 | +11.04% | +15.74% | |
| 37 | 37 Poland | 2.38 | 2023 | -1.33% | -9.31% | View data |
| 38 | 38 Portugal | 2.35 | 2023 | +2.16% | +2.93% | View data |
