The country was number 27 in 2023, New Zealand overtook 0.7 Percent of GDP. Taiwan, Japan and Israel respectively came in numbers 2, 3 and 4 in this ranking.
How does Spain 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 |
| 25 | 25 Czech Republic | 0.71 | 2023 | +0.85% | -0.55% | View data |
| 26 | 26 New Zealand | 0.7 | 2023 | +1.98% | +3.35% | View data |
| 27 | 27 Spain | 0.7 | 2023 | +1.64% | +3.66% | |
| 28 | 28 Canada | 0.64 | 2023 | +0.22% | -2.07% | View data |
| 29 | 29 Ireland | 0.61 | 2023 | +0.31% | +1.24% | View data |
