The country was number 16 in 2023, France came ahead 1.17 Percent of GDP. Taiwan, Japan and Israel respectively ranked numbers 2, 3 and 4 in this ranking.
How does Singapore rank in Business Enterprise Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 45 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.88 | 2023 | +2.8% | +2.76% | View data |
| 2 | 2 Taiwan | 3.48 | 2023 | +5.21% | +5.56% | View data |
| 3 | 3 Japan | 2.56 | 2023 | +0.31% | +0.33% | View data |
| 4 | 4 Israel | 2.37 | 2023 | +1.85% | +6.57% | View data |
| 5 | 5 Belgium | 2.26 | 2023 | +2.56% | +4.85% | View data |
| 14 | 14 Netherlands | 1.24 | 2023 | +0.86% | +1.57% | View data |
| 15 | 15 France | 1.2 | 2023 | +0.19% | +0.0042% | View data |
| 16 | 16 Singapore | 1.17 | 2023 | +0.097% | +4.94% | |
| 17 | 17 Slovenia | 1.02 | 2023 | +0.74% | +0.93% | View data |
| 18 | 18 Portugal | 1 | 2023 | +5.28% | +10.01% | View data |
