The country came in number 13 in 2022, Taiwan came ahead 0.03 Percent of GDP. Germany, Belgium and Canada respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 0.077 | 2023 | +1.17% | +0.89% | View data |
| 2 | 2 South Korea | 0.067 | 2023 | +3.67% | +4.75% | View data |
| 3 | 3 China | 0.065 | 2023 | +2.46% | +9.16% | View data |
| 4 | 4 Belgium | 0.063 | 2023 | +0.5% | +1.58% | View data |
| 5 | 5 United Kingdom | 0.063 | 2023 | +1.82% | +1.1% | View data |
| 6 | 6 Canada | 0.042 | 2023 | -1.69% | -4.85% | View data |
| 7 | 7 Estonia | 0.041 | 2023 | +1.68% | -0.82% | View data |
| 8 | 8 Australia | 0.038 | 2023 | +4.01% | +4.34% | |
| 9 | 9 Russia | 0.035 | 2023 | +2.1% | +4.59% | View data |
| 10 | 10 Singapore | 0.032 | 2023 | +2.37% | +5.93% | View data |
