The country was number 20 in 2022, Italy came ahead 78.54 Percent of Total HERD. Mexico, Luxembourg and Argentina respectively came in numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Higher Education Expenditure on R&D Financed by Government?
| # | 47 Countries | Percent of Total HERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Egypt | 98.3 | 2023 | -0.084% | -0.14% | View data |
| 2 | 2 Mexico | 94.01 | 2023 | -0.16% | -0.065% | View data |
| 3 | 3 Argentina | 92.71 | 2023 | +0.0052% | -0.015% | View data |
| 4 | 4 Luxembourg | 89.54 | 2023 | -0.48% | -0.64% | View data |
| 5 | 5 Norway | 87.31 | 2023 | -0.62% | -0.62% | View data |
| 23 | 23 Kazakhstan | 74.72 | 2023 | -0.41% | +0.11% | View data |
| 24 | 24 Finland | 74.33 | 2023 | -0.59% | -1.31% | View data |
| 25 | 25 Iceland | 73.98 | 2023 | -0.12% | -1.82% | |
| 26 | 26 Sweden | 72.46 | 2023 | -0.25% | -0.27% | View data |
| 27 | 27 Croatia | 71.64 | 2023 | +1.81% | -1% | View data |