The country ranked number 20 in 2023, Canada came ahead 0.16 Percent of GDP. Taiwan, Japan and Germany respectively were numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Business Enterprise Expenditure on R&D Performed in High and Medium-High R&D Intensive Industries?
| # | 27 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.18 | 2023 | +2.13% | +1.65% | View data |
| 2 | 2 Taiwan | 3.13 | 2023 | +6.12% | +6.37% | View data |
| 3 | 3 Japan | 1.95 | 2023 | +0.43% | +0.31% | View data |
| 4 | 4 Germany | 1.6 | 2023 | +0.25% | -1.03% | View data |
| 5 | 5 United States | 1.3 | 2023 | -0.0031% | +1.79% | View data |
| 18 | 18 Estonia | 0.2 | 2023 | +3.94% | +8.84% | View data |
| 19 | 19 Canada | 0.19 | 2023 | -1.69% | -3.43% | View data |
| 20 | 20 Iceland | 0.16 | 2023 | +1.53% | +1.64% | |
| 21 | 21 Portugal | 0.14 | 2023 | +0.13% | -0.61% | View data |
| 22 | 22 Greece | 0.12 | 2023 | +4.06% | +10.71% | View data |
