The country came in number 11 in 2022, Norway came ahead 0.13 Percent of GDP. The United Kingdom, Italy and Belgium respectively were numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Indirect Government Support Through R&D Tax Incentives?
| # | 21 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 0.4 | 2023 | +16.33% | +14.43% | View data |
| 2 | 2 United Kingdom | 0.33 | 2023 | +1.8% | +2.66% | View data |
| 3 | 3 France | 0.32 | 2023 | +2.6% | +1.92% | View data |
| 4 | 4 Portugal | 0.27 | 2023 | +4.07% | +9.63% | View data |
| 5 | 5 South Korea | 0.15 | 2023 | +0.76% | +1.95% | |
| 6 | 6 Australia | 0.13 | 2023 | +1.13% | +1.08% | View data |
| 7 | 7 Russia | 0.11 | 2023 | +1.42% | +4.3% | View data |
