The country was number 25 in 2022, the Czech Republic came ahead 0.02 Percent of GDP. Germany, Belgium and Canada respectively came in numbers 2, 3 and 4 in this ranking.
How does Spain 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 |
| 17 | 17 Lithuania | 0.022 | 2023 | -0.57% | +0.48% | View data |
| 18 | 18 Sweden | 0.021 | 2023 | -3.29% | -6.16% | View data |
| 19 | 19 Spain | 0.02 | 2023 | +0.17% | +2.37% | |
| 20 | 20 United States | 0.018 | 2023 | -0.8% | -1.63% | View data |
| 21 | 21 Czech Republic | 0.017 | 2023 | +3.07% | -1.99% | View data |