The country was number 37 in 2023, China overtook 0.11 Percent of GDP. Norway, Sweden and Iceland respectively ranked numbers 2, 3 and 4 in this ranking.
How does Malaysia rank in Higher Education Expenditure on R&D Financed by Government?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 0.75 | 2023 | +1.41% | +0.74% | View data |
| 2 | 2 Norway | 0.58 | 2023 | +0.98% | -1.9% | View data |
| 3 | 3 Sweden | 0.57 | 2023 | -0.27% | -1.21% | View data |
| 4 | 4 Iceland | 0.54 | 2023 | +1.04% | +1.19% | View data |
| 5 | 5 Finland | 0.52 | 2023 | +0.43% | -1.05% | View data |
| 35 | 35 Mexico | 0.15 | 2023 | +1.26% | +0.0057% | View data |
| 36 | 36 China | 0.11 | 2023 | +2.25% | +1.59% | View data |
| 37 | 37 Malaysia | 0.11 | 2023 | -6.03% | -0.31% | |
| 38 | 38 Argentina | 0.1 | 2023 | -0.024% | -3% | View data |
| 39 | 39 Chile | 0.1 | 2023 | +7.07% | +1.17% | View data |
