The country was number 3 in 2022, Colombia came ahead 0.07 Percent of GDP. Cyprus, Colombia and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Private Non-Profit Expenditure on R&D?
| # | 31 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 0.13 | 2023 | +3.46% | +13.86% | View data |
| 2 | 2 South Korea | 0.1 | 2023 | +4.12% | +10.18% | |
| 3 | 3 Australia | 0.07 | 2023 | +1.47% | +1.52% | View data |
| 4 | 4 Colombia | 0.067 | 2023 | +0.19% | +0.36% | View data |
| 5 | 5 France | 0.048 | 2023 | +1.71% | +6.54% | View data |
