The country came in number 21 in 2023, Taiwan overtook 0.55 Percent of GDP. Austria, Norway and Denmark respectively ranked numbers 2, 3 and 4 in this ranking.
How does Spain rank in Gross Domestic Expenditure on R&D Financed by Government?
| # | 46 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1.17 | 2023 | +2.2% | +4.82% | View data |
| 2 | 2 Austria | 0.98 | 2023 | +0.79% | +0.84% | View data |
| 3 | 3 Norway | 0.91 | 2023 | +0.58% | -1.36% | View data |
| 4 | 4 Denmark | 0.84 | 2023 | +0.28% | +0.31% | View data |
| 5 | 5 Sweden | 0.79 | 2023 | +0.00026% | -0.98% | View data |
| 19 | 19 United Kingdom | 0.57 | 2021 | -1.68% | View data | |
| 20 | 20 Taiwan | 0.57 | 2023 | -0.5% | -2.14% | View data |
| 21 | 21 Spain | 0.55 | 2023 | +1.02% | +3.25% | |
| 22 | 22 Poland | 0.54 | 2023 | +0.87% | +4.98% | View data |
| 23 | 23 Slovenia | 0.52 | 2023 | -0.017% | +2.31% | View data |