The country ranked number 18 in 2023, Bulgaria came ahead 0.01 Percent of GDP. The United States, Slovenia and New Zealand respectively came in numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Government-Financed Business Enterprise Expenditure on R&D?
| # | 21 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.21 | 2023 | +1.9% | +5.82% | View data |
| 2 | 2 United States | 0.14 | 2023 | +0.07% | +2.98% | View data |
| 3 | 3 Slovenia | 0.12 | 2023 | +0.87% | +5.38% | View data |
| 4 | 4 New Zealand | 0.11 | 2023 | +3.39% | +4.23% | View data |
| 5 | 5 Netherlands | 0.1 | 2023 | +1.19% | +2.32% | View data |
| 16 | 16 Mexico | 0.01 | 2023 | -5.45% | -4.22% | View data |
| 17 | 17 Bulgaria | 0.008 | 2023 | +5.19% | -1.19% | View data |
| 18 | 18 Latvia | 0.005 | 2023 | 0% | -2.16% | |
| 19 | 19 Argentina | 0.005 | 2023 | 0% | +8.92% | View data |
| 20 | 20 Croatia | 0.003 | 2023 | -16.67% | -18.22% | View data |
