The country came in number 38 in 2023, Finland overtook 24.21 Percent of Total GERD. Mexico, Russia and Argentina respectively came in numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Gross Domestic Expenditure on R&D Financed by Government?
| # | 49 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Egypt | 96.27 | 2023 | +0.26% | +0.18% | View data |
| 2 | 2 Mexico | 76.42 | 2023 | -0.16% | -0.46% | View data |
| 3 | 3 Russia | 67.82 | 2023 | +0.0062% | +0.23% | View data |
| 4 | 4 Argentina | 58.07 | 2023 | -0.41% | -2.27% | View data |
| 5 | 5 Brazil | 55.06 | 2023 | +0.25% | +0.54% | View data |
| 36 | 36 Bulgaria | 26.27 | 2023 | +1.78% | +2.34% | View data |
| 37 | 37 Finland | 25.25 | 2023 | -0.63% | -2.24% | View data |
| 38 | 38 Iceland | 24.21 | 2023 | -1.77% | -6.08% | |
| 39 | 39 Slovenia | 23.66 | 2023 | -1.13% | -0.036% | View data |
| 40 | 40 South Korea | 22.81 | 2023 | +0.017% | +2.1% | View data |
