The country was number 29 in 2023, China overtook 0.48 Percent of GDP. Austria, Norway and Denmark respectively came in numbers 2, 3 and 4 in this ranking.
How does Canada rank in Gross Domestic Expenditure on R&D Financed by Government?
| # | 46 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1.17 | 2023 | +2.2% | +4.82% | View data |
| 2 | 2 Austria | 0.98 | 2023 | +0.79% | +0.84% | View data |
| 3 | 3 Norway | 0.91 | 2023 | +0.58% | -1.36% | View data |
| 4 | 4 Denmark | 0.84 | 2023 | +0.28% | +0.31% | View data |
| 5 | 5 Sweden | 0.79 | 2023 | +0.00026% | -0.98% | View data |
| 27 | 27 Croatia | 0.5 | 2023 | +2.86% | +4.48% | View data |
| 28 | 28 China | 0.48 | 2023 | +1.53% | +2.21% | View data |
| 29 | 29 Canada | 0.48 | 2023 | -0.52% | -2.59% | |
| 30 | 30 Luxembourg | 0.48 | 2023 | -1.36% | -1.84% | View data |
| 31 | 31 New Zealand | 0.46 | 2023 | -0.0013% | +0.026% | View data |
