The country came in number 3 in 2022, Germany came ahead 0.34 Percent of GDP. Germany, Taiwan and the United States respectively came in numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Government Expenditure on R&D Financed by Government?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.48 | 2023 | +1.45% | +1.91% | View data |
| 2 | 2 Germany | 0.39 | 2023 | +0.46% | +2.49% | View data |
| 3 | 3 Russia | 0.32 | 2023 | +1.4% | +1.51% | View data |
| 4 | 4 Taiwan | 0.31 | 2023 | -0.91% | -1.98% | |
| 5 | 5 China | 0.3 | 2023 | +1.22% | +1.89% | View data |
| 6 | 6 Greece | 0.28 | 2023 | +3.64% | +5.21% | View data |
