The country was number 9 in 2021, Kazakhstan overtook 11.58 Percent of Total HERD. China, Bulgaria and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Belgium rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 47 Countries | Percent of Total HERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 32.61 | 2023 | +0.019% | +4.19% | View data |
| 2 | 2 Russia | 30.46 | 2023 | +0.37% | +0.95% | View data |
| 3 | 3 Bulgaria | 18.84 | 2023 | +0.054% | -0.43% | View data |
| 4 | 4 South Korea | 14.03 | 2023 | -0.046% | -0.31% | View data |
| 5 | 5 Taiwan | 13.21 | 2023 | +4.36% | +5.88% | View data |
| 7 | 7 Ukraine | 12.33 | 2023 | -1.15% | -0.48% | View data |
| 8 | 8 Kazakhstan | 11.35 | 2023 | -1.79% | -4.4% | View data |
| 9 | 9 Belgium | 11.28 | 2023 | +0.035% | +0.26% | |
| 10 | 10 United Kingdom | 9.31 | 2023 | +0.0091% | +0.16% | View data |
| 11 | 11 Slovenia | 8.6 | 2023 | +3.64% | +0.27% | View data |
