The country came in number 12 in 2023, China overtook 0.03 Percent of GDP. The United States, Slovenia and New Zealand respectively came in numbers 2, 3 and 4 in this ranking.
How does Switzerland 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 |
| 10 | 10 Portugal | 0.065 | 2023 | +3.48% | +10.89% | View data |
| 11 | 11 China | 0.055 | 2023 | 0% | +0.56% | View data |
| 12 | 12 Switzerland | 0.032 | 2023 | 0% | +2.46% | |
| 13 | 13 Ireland | 0.031 | 2023 | -0.97% | -4.83% | View data |
| 14 | 14 Japan | 0.019 | 2023 | -2.5% | -1.28% | View data |
