The country came in number 29 in 2022, New Zealand came ahead 0.01 Percent of GDP. Germany, Belgium and Canada respectively were numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 0.077 | 2023 | +1.17% | +0.89% | View data |
| 2 | 2 South Korea | 0.067 | 2023 | +3.67% | +4.75% | View data |
| 3 | 3 China | 0.065 | 2023 | +2.46% | +9.16% | View data |
| 4 | 4 Belgium | 0.063 | 2023 | +0.5% | +1.58% | View data |
| 5 | 5 United Kingdom | 0.063 | 2023 | +1.82% | +1.1% | View data |
| 24 | 24 Poland | 0.015 | 2023 | +5.6% | +0.5% | View data |
| 25 | 25 France | 0.015 | 2023 | +1.89% | +2.83% | View data |
| 26 | 26 Latvia | 0.014 | 2023 | -2.51% | +0.38% | |
| 27 | 27 Portugal | 0.014 | 2023 | +3.72% | +4.08% | View data |
| 28 | 28 Japan | 0.013 | 2023 | +0.92% | +1.21% | View data |
