The country came in number 46 in 2023, Argentina overtook 0.47 Percent of GDP. South Korea, the United States and Belgium respectively came in numbers 2, 3 and 4 in this ranking.
How does Romania rank in R&D Expenditure?
| # | 68 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 5.73 | 2023 | +1.54% | +3.72% | View data |
| 2 | 2 South Korea | 5.22 | 2023 | +2.81% | +2.92% | View data |
| 3 | 3 United States | 3.64 | 2023 | +2.62% | +3.89% | View data |
| 4 | 4 Belgium | 3.49 | 2023 | +0.8% | +4.07% | View data |
| 5 | 5 Sweden | 3.42 | 2023 | +0.0084% | +0.61% | View data |
| 45 | 45 Belarus | 0.53 | 2023 | -0.034% | -2.61% | View data |
| 46 | 46 Argentina | 0.52 | 2023 | +0.42% | +1.21% | View data |
| 47 | 47 Romania | 0.47 | 2023 | -0.051% | -1.02% | |
| 48 | 48 Uruguay | 0.47 | 2023 | +1.44% | -1.53% | View data |
| 49 | 49 Viet Nam | 0.43 | 2023 | |||
