The country came in number 25 in 2022, Singapore overtook 51.2 Percent of Total GERD. Japan, South Korea and China respectively were numbers 2, 3 and 4 in this ranking.
How does Luxembourg rank in Gross Domestic Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 48 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Taiwan | 86.63 | 2023 | +1.43% | +1.52% | View data |
| 2 | 2 China | 78.62 | 2023 | +0.41% | +0.51% | View data |
| 3 | 3 Japan | 78.07 | 2023 | +0.00024% | -0.25% | View data |
| 4 | 4 South Korea | 76.12 | 2023 | +0.002% | -0.14% | View data |
| 5 | 5 United States | 68.41 | 2023 | +0.36% | +1.31% | View data |
| 30 | 30 Slovakia | 44.9 | 2023 | -0.43% | -1.67% | View data |
| 31 | 31 Canada | 44.11 | 2023 | -0.014% | -0.083% | View data |
| 32 | 32 Luxembourg | 42.31 | 2023 | -2.09% | -3.45% | |
| 33 | 33 Brazil | 41.55 | 2023 | -0.52% | -0.91% | View data |
| 34 | 34 Cyprus | 40.6 | 2023 | +1.73% | +3.12% | View data |
