The country ranked number 3 in 2023, Finland came ahead 1.31 Percent of GDP. Finland, Sweden and Hungary respectively were numbers 2, 3 and 4 in this ranking.
How does Sweden rank in Business Expenditure on R&D in Manufacturing?
| # | 14 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 1.75 | 2023 | +3.13% | +4.39% | View data |
| 2 | 2 Finland | 1.33 | 2023 | -1.04% | +1.21% | View data |
| 3 | 3 Sweden | 1.31 | 2023 | -3.39% | -5.55% | |
| 4 | 4 Hungary | 0.81 | 2021 | View data | ||
| 5 | 5 Czech Republic | 0.75 | 2023 | +0.54% | +0.16% | View data |
