The country was number 11 in 2023, the Netherlands overtook €13,680 Million. Japan, Germany and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Sweden rank in Business Expenditure on R&D in All Businesses?
| # | 40 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 614,600 | 2023 | +7.64% | +10.25% | View data |
| 2 | 2 China (except Hong Kong) | 286,700 | 2023 | |||
| 3 | 3 Japan | 120,490 | 2023 | +1.34% | +2% | View data |
| 4 | 4 Germany | 78,920 | 2023 | +2.27% | +1.82% | View data |
| 5 | 5 South Korea | 64,810 | 2023 | +4.11% | +4.11% | View data |
| 10 | 10 Belgium | 14,920 | 2023 | +7.5% | +9.61% | View data |
| 11 | 11 Netherlands | 13,860 | 2023 | +3.09% | +4.74% | View data |
| 12 | 12 Sweden | 13,680 | 2023 | +3.66% | +4.28% | |
| 13 | 13 Spain | 9,920 | 2023 | +1.7% | +3.27% | View data |
| 14 | 14 Austria | 9,680 | 2023 | +2.96% | +3% | View data |
