The country came in number 26 in 2022, Portugal overtook 0.5 Percent of GDP. Norway, Iceland and Switzerland respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia rank in Total Government Support (GBARD and Tax Credits) For R&D?
| # | 36 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 3.8 | 2023 | +21.14% | +31.42% | View data |
| 2 | 2 South Korea | 1.4 | 2023 | +0.18% | +3.63% | View data |
| 3 | 3 Norway | 1.33 | 2023 | +2.16% | +3.95% | View data |
| 4 | 4 Austria | 1.2 | 2023 | +1.66% | +4.9% | View data |
| 5 | 5 United Kingdom | 1.13 | 2023 | +5.38% | +6.16% | View data |
| 23 | 23 Cyprus | 0.58 | 2023 | +2.62% | +13.39% | View data |
| 24 | 24 Israel | 0.56 | 2023 | -0.74% | -1.7% | View data |
| 25 | 25 Australia | 0.55 | 2023 | -0.43% | +1.51% | |
| 26 | 26 Russia | 0.53 | 2023 | -0.66% | +1.18% | View data |
| 27 | 27 Slovakia | 0.47 | 2023 | +0.96% | +3.51% | View data |
