The country came in number 22 in 2023, Hungary overtook 33.69 Percent of Total GERD. Mexico, Russia and Argentina respectively ranked numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Gross Domestic Expenditure on R&D Financed by Government?
| # | 49 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Egypt | 96.27 | 2023 | +0.26% | +0.18% | View data |
| 2 | 2 Mexico | 76.42 | 2023 | -0.16% | -0.46% | View data |
| 3 | 3 Russia | 67.82 | 2023 | +0.0062% | +0.23% | View data |
| 4 | 4 Argentina | 58.07 | 2023 | -0.41% | -2.27% | View data |
| 5 | 5 Brazil | 55.06 | 2023 | +0.25% | +0.54% | View data |
| 20 | 20 Italy | 35.28 | 2023 | +0.25% | +1.49% | View data |
| 21 | 21 Hungary | 34.51 | 2023 | +0.64% | +1.3% | View data |
| 22 | 22 Latvia | 33.69 | 2023 | -0.97% | -0.37% | |
| 23 | 23 Portugal | 33.26 | 2023 | -3.02% | -3.91% | View data |
| 24 | 24 Czech Republic | 32.33 | 2023 | +0.017% | -1.06% | View data |
