The country came in number 9 in 2023, Portugal came ahead €46.73 Million. Spain, Italy and Sweden respectively were numbers 2, 3 and 4 in this ranking.
How does Belgium rank in Business Expenditure on R&D in Scientific Research and Development Activities?
| # | 12 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,250 | 2023 | +6.3% | +6.94% | View data |
| 2 | 2 Spain | 922.17 | 2021 | View data | ||
| 3 | 3 Italy | 915.35 | 2023 | +6.01% | +2.86% | View data |
| 4 | 4 Sweden | 480.03 | 2023 | +4.26% | +5.54% | View data |
| 5 | 5 Czech Republic | 276.4 | 2023 | +0.72% | +0.52% | View data |
| 7 | 7 Serbia | 143.35 | 2023 | +25.02% | +8.54% | View data |
| 8 | 8 Portugal | 128.93 | 2023 | +14.84% | +20.27% | View data |
| 9 | 9 Belgium | 46.73 | 2023 | +7.63% | +20.55% | |
| 10 | 10 Slovakia | 40.16 | 2023 | +2.49% | +16.52% | View data |
| 11 | 11 Bosnia and Herzegovina | 0.98 | 2021 | View data | ||