The country came in number 5 in 2023, Denmark overtook 0.79 Percent of GDP. Austria, Norway and Denmark respectively ranked numbers 2, 3 and 4 in this ranking.
How does Sweden 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% | |
| 6 | 6 Finland | 0.77 | 2023 | +0.098% | -0.37% | View data |
| 7 | 7 Russia | 0.76 | 2023 | +0.51% | +2.66% | View data |
