The country came in number 21 in 2023, Hungary came ahead 0.27 Percent of GDP. Greece, France and Belgium respectively were numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Government Budgets for R&D and Tax Incentive Support for Business R&D?
| # | 23 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 1.33 | 2023 | +2.16% | +3.95% | View data |
| 2 | 2 Greece | 1.06 | 2023 | +5.61% | +11.02% | View data |
| 3 | 3 France | 1.03 | 2023 | +0.25% | +1.82% | View data |
| 4 | 4 Belgium | 1.02 | 2023 | +1.9% | +3.95% | View data |
| 5 | 5 Denmark | 1.02 | 2023 | +0.21% | +2.16% | View data |
| 19 | 19 Ireland | 0.4 | 2023 | -0.7% | +3.04% | View data |
| 20 | 20 Hungary | 0.4 | 2023 | -2.39% | +2.16% | View data |
| 21 | 21 Latvia | 0.27 | 2023 | +1.34% | +4.45% | |
| 22 | 22 Chile | 0.23 | 2023 | +0.88% | +0.097% | View data |
| 23 | 23 Colombia | 0.074 | 2023 | +0.14% | -2.46% | View data |
