The country came in number 16 in 2023, the United Kingdom came ahead 0.2 Percent of R&D Expenditure. Greece, Malta and Lithuania respectively came in numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Business Expenditure on R&D in IT Hardware Wholesale?
| # | 19 Countries | Percent of R&D Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 8.14 | 2023 | +28.59% | +93.51% | View data |
| 2 | 2 Greece | 5 | 2023 | +4.38% | +1.86% | View data |
| 3 | 3 Malta | 2.44 | 2023 | +7.02% | +11.28% | View data |
| 4 | 4 Lithuania | 2.01 | 2023 | +16.86% | +3.05% | View data |
| 5 | 5 Spain | 1.27 | 2023 | +1.6% | +1.14% | View data |
| 14 | 14 Japan | 0.24 | 2023 | +4.35% | +2.71% | View data |
| 15 | 15 United Kingdom | 0.23 | 2023 | -11.54% | -3.86% | View data |
| 16 | 16 Iceland | 0.2 | 2023 | 0% | -18.61% | |
| 17 | 17 Serbia | 0.19 | 2023 | +46.15% | +4.39% | View data |
| 18 | 18 Austria | 0.17 | 2023 | -5.56% | -3.68% | View data |
