The country ranked number 26 in 2023, Japan overtook 0.2 Percent of GDP. Norway, Sweden and Iceland respectively ranked numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Higher Education Expenditure on R&D Financed by Government?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 0.75 | 2023 | +1.41% | +0.74% | View data |
| 2 | 2 Norway | 0.58 | 2023 | +0.98% | -1.9% | View data |
| 3 | 3 Sweden | 0.57 | 2023 | -0.27% | -1.21% | View data |
| 4 | 4 Iceland | 0.54 | 2023 | +1.04% | +1.19% | View data |
| 5 | 5 Finland | 0.52 | 2023 | +0.43% | -1.05% | View data |
| 24 | 24 New Zealand | 0.22 | 2023 | +0.018% | +1.83% | View data |
| 25 | 25 Japan | 0.2 | 2023 | +0.017% | +1% | View data |
| 26 | 26 Latvia | 0.2 | 2023 | +2.15% | +5.34% | |
| 27 | 27 Hungary | 0.2 | 2023 | +0.18% | +5.17% | View data |
| 28 | 28 Slovenia | 0.2 | 2023 | -0.023% | +4.83% | View data |
