The country came in number 33 in 2022, Latvia came ahead 0 Percent of GDP. The United Kingdom, Italy and Belgium respectively were numbers 2, 3 and 4 in this ranking.
How does South Africa rank in Indirect Government Support Through R&D Tax Incentives?
| # | 21 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 0.4 | 2023 | +16.33% | +14.43% | View data |
| 2 | 2 United Kingdom | 0.33 | 2023 | +1.8% | +2.66% | View data |
| 3 | 3 France | 0.32 | 2023 | +2.6% | +1.92% | View data |
| 4 | 4 Portugal | 0.27 | 2023 | +4.07% | +9.63% | View data |
| 5 | 5 South Korea | 0.15 | 2023 | +0.76% | +1.95% | View data |
| 17 | 17 Colombia | 0.01 | 2023 | +2.13% | +1.99% | View data |
| 18 | 18 Chile | 0.008 | 2023 | +3.7% | -0.47% | View data |
| 19 | 19 South Africa | 0.006 | 2023 | +16.36% | +3.08% | |
| 20 | 20 Thailand | 0.004 | 2023 | +4.88% | +9.75% | View data |
| 21 | 21 Mexico | 0.002 | 2023 | +15.38% | +1.39% | View data |
