The country was number 7 in 2023, Italy came ahead 0.5 Percent of GDP. Finland, Sweden and Hungary respectively were numbers 2, 3 and 4 in this ranking.
How does Portugal rank in Business Expenditure on R&D in Manufacturing?
| # | 14 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 1.75 | 2023 | +3.13% | +4.39% | View data |
| 2 | 2 Finland | 1.33 | 2023 | -1.04% | +1.21% | View data |
| 3 | 3 Sweden | 1.31 | 2023 | -3.39% | -5.55% | View data |
| 4 | 4 Hungary | 0.81 | 2021 | View data | ||
| 5 | 5 Czech Republic | 0.75 | 2023 | +0.54% | +0.16% | View data |
| 6 | 6 Italy | 0.7 | 2023 | +1.59% | +1.39% | View data |
| 7 | 7 Portugal | 0.5 | 2023 | +7.97% | +9.04% | |
| 8 | 8 Spain | 0.37 | 2021 | View data | ||
| 9 | 9 Slovakia | 0.37 | 2023 | +8.61% | +2.4% | View data |
