The country came in number 20 in 2023, Portugal came ahead 0.35 Percent of GDP. Taiwan, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Business Enterprise Expenditure on R&D Performed in Total Manufacturing?
| # | 34 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.5 | 2023 | +2.09% | +1.68% | View data |
| 2 | 2 Taiwan | 3.28 | 2023 | +5.67% | +5.91% | View data |
| 3 | 3 Japan | 2.24 | 2023 | +0.42% | +0.26% | View data |
| 4 | 4 Germany | 1.74 | 2023 | -0.0099% | -0.98% | View data |
| 5 | 5 Austria | 1.54 | 2023 | +1.31% | +1.44% | View data |
| 18 | 18 Poland | 0.36 | 2023 | +3.75% | +1.08% | View data |
| 19 | 19 Portugal | 0.35 | 2023 | +2.17% | +4.51% | View data |
| 20 | 20 Iceland | 0.35 | 2023 | +1.03% | +0.29% | |
| 21 | 21 Spain | 0.34 | 2023 | +0.65% | +1.61% | View data |
| 22 | 22 Norway | 0.34 | 2023 | -0.17% | +2.21% | View data |
