The country ranked number 2 in 2023, South Korea overtook 0.36 Percent of GDP. Japan, Taiwan and Belgium respectively came in numbers 2, 3 and 4 in this ranking.
How does Japan rank in R&D Capital Costs?
| # | 28 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.44 | 2023 | -0.12% | +1.87% | View data |
| 2 | 2 Japan | 0.36 | 2023 | -0.18% | +1.3% | |
| 3 | 3 Taiwan | 0.35 | 2023 | +0.65% | +1.22% | View data |
| 4 | 4 Belgium | 0.34 | 2023 | +2.89% | +4.6% | View data |
| 5 | 5 Germany | 0.28 | 2023 | +0.71% | +1.03% | View data |
