The country came in number 44 in 2022, Cyprus overtook 0.17 Percent of GDP. Taiwan, Japan and Germany respectively came in numbers 2, 3 and 4 in this ranking.
How does Colombia rank in Gross Domestic Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.97 | 2023 | +2.8% | +2.78% | View data |
| 2 | 2 Taiwan | 3.52 | 2023 | +5.16% | +5.49% | View data |
| 3 | 3 Japan | 2.58 | 2023 | +0.18% | +0.29% | View data |
| 4 | 4 United States | 2.46 | 2023 | +2.14% | +5.01% | View data |
| 5 | 5 Belgium | 2.42 | 2023 | +4.43% | +5.35% | View data |
| 38 | 38 Romania | 0.26 | 2023 | -0.12% | -1.72% | View data |
| 39 | 39 Latvia | 0.24 | 2023 | +2.17% | +10.97% | View data |
| 40 | 40 Colombia | 0.17 | 2023 | +3.35% | +3.89% | |
| 41 | 41 Chile | 0.11 | 2023 | -0.49% | +0.056% | View data |
| 42 | 42 Argentina | 0.11 | 2023 | +0.27% | +0.83% | View data |
