The country came in number 24 in 2023, Portugal overtook 0.02 Percent of GDP. South Korea, Israel and Finland respectively ranked numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?
| # | 28 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Taiwan | 2.86 | 2023 | +7.16% | +7.58% | View data |
| 2 | 2 South Korea | 2.02 | 2023 | +2.49% | +1.55% | View data |
| 3 | 3 Israel | 0.56 | 2023 | -0.017% | -1.54% | View data |
| 4 | 4 Finland | 0.47 | 2023 | -0.14% | +0.32% | View data |
| 5 | 5 Japan | 0.46 | 2023 | -1.03% | -1.48% | View data |
| 22 | 22 Hungary | 0.031 | 2023 | +1.53% | +7.3% | View data |
| 23 | 23 Portugal | 0.026 | 2023 | +0.97% | +8.11% | View data |
| 24 | 24 Latvia | 0.018 | 2023 | +3.91% | -0.92% | |
| 25 | 25 Spain | 0.016 | 2023 | -0.27% | -0.47% | View data |
| 26 | 26 Slovakia | 0.007 | 2023 | -5.82% | -3.64% | View data |
