The country ranked number 33 in 2023, Serbia overtook 0.42 Percent of GDP. The United States, Belgium and Japan respectively ranked numbers 2, 3 and 4 in this ranking.
How does Cyprus rank in Intramural R&D Expenditure in the Business Enterprise Sector?
| # | 40 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 4.1 | 2023 | +2.45% | +2.47% | View data |
| 2 | 2 United States | 2.81 | 2023 | +2.11% | +5.33% | View data |
| 3 | 3 Belgium | 2.66 | 2023 | +1.57% | +5.32% | View data |
| 4 | 4 Japan | 2.64 | 2023 | +0.3% | +0.63% | View data |
| 5 | 5 Sweden | 2.47 | 2023 | 0% | +0.95% | View data |
| 32 | 32 Bulgaria | 0.51 | 2023 | -0.58% | -1.13% | View data |
| 33 | 33 Serbia | 0.48 | 2023 | +6.4% | +6.07% | View data |
| 34 | 34 Cyprus | 0.42 | 2023 | +6.25% | +11.29% | |
| 35 | 35 Malta | 0.41 | 2023 | +0.24% | +2.88% | View data |
| 36 | 36 Romania | 0.29 | 2023 | 0% | -0.62% | View data |
