The country came in number 2 in 2023, the Netherlands overtook 0.02 Percent of GDP. Belgium, New Zealand and the United Kingdom respectively ranked numbers 2, 3 and 4 in this ranking.
How does Belgium rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 35 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 0.016 | 2023 | +1.76% | +4.55% | View data |
| 2 | 2 Belgium | 0.016 | 2023 | +1.63% | +15.55% | |
| 3 | 3 New Zealand | 0.014 | 2021 | +6.73% | View data | |
| 4 | 4 United Kingdom | 0.012 | 2021 | -8.44% | View data | |
| 5 | 5 Sweden | 0.005 | 2023 | +4.65% | +3.06% | View data |
