The country was number 58 in 2023, Bosnia and Herzegovina overtook 0.18 Percent of GDP. South Korea, the United States and Belgium respectively were numbers 2, 3 and 4 in this ranking.
How does Peru rank in R&D Expenditure?
| # | 68 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 5.73 | 2023 | +1.54% | +3.72% | View data |
| 2 | 2 South Korea | 5.22 | 2023 | +2.81% | +2.92% | View data |
| 3 | 3 United States | 3.64 | 2023 | +2.62% | +3.89% | View data |
| 4 | 4 Belgium | 3.49 | 2023 | +0.8% | +4.07% | View data |
| 5 | 5 Sweden | 3.42 | 2023 | +0.0084% | +0.61% | View data |
| 58 | 58 Azerbaijan | 0.21 | 2023 | -0.45% | +2.32% | View data |
| 59 | 59 Bosnia and Herzegovina | 0.2 | 2023 | +2.54% | +0.9% | View data |
| 60 | 60 Peru | 0.18 | 2023 | +1.95% | +7.47% | |
| 61 | 61 Paraguay | 0.17 | 2023 | +3.28% | +3.57% | View data |
| 62 | 62 El Salvador | 0.17 | 2023 | +1.82% | +0.81% | View data |
