The country ranked number 5 in 2021, Germany came ahead 2.11 Percent of GDP. Taiwan, Japan and Germany respectively came in numbers 2, 3 and 4 in this ranking.
How does Belgium rank in Gross Domestic Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.97 | 2023 | +2.8% | +2.78% | View data |
| 2 | 2 Taiwan | 3.52 | 2023 | +5.16% | +5.49% | View data |
| 3 | 3 Japan | 2.58 | 2023 | +0.18% | +0.29% | View data |
| 4 | 4 United States | 2.46 | 2023 | +2.14% | +5.01% | View data |
| 5 | 5 Belgium | 2.42 | 2023 | +4.43% | +5.35% | |
| 6 | 6 Israel | 2.41 | 2023 | +1.81% | +6.36% | View data |
| 7 | 7 China | 2.02 | 2023 | +3% | +4.22% | View data |
