The country came in number 25 in 2023, Spain overtook 0.03 Percent of GDP. Japan, Taiwan and Belgium respectively came in numbers 2, 3 and 4 in this ranking.
How does Argentina 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% | View data |
| 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 |
| 23 | 23 Russia | 0.07 | 2023 | +0.48% | +1.41% | View data |
| 24 | 24 Spain | 0.057 | 2023 | -8.2% | -6.67% | View data |
| 25 | 25 Argentina | 0.03 | 2023 | -14.73% | -14.28% | |
| 26 | 26 Romania | 0.026 | 2023 | -8.59% | -10.83% | View data |
| 27 | 27 Mexico | 0.018 | 2023 | -17.14% | -13.14% | View data |