The country was number 7 in 2022, Austria overtook 1.55 Percent of GDP. South Korea, Taiwan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Belgium rank in R&D Labour Costs for Internal R&D Personnel?
| # | 22 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 4.51 | 2023 | +2.08% | +2.96% | View data |
| 2 | 2 South Korea | 2.31 | 2023 | +3.28% | +3.81% | View data |
| 3 | 3 Taiwan | 2.31 | 2023 | +4.06% | +4.7% | View data |
| 4 | 4 Germany | 1.99 | 2023 | +1.18% | +1.3% | View data |
| 5 | 5 Austria | 1.68 | 2023 | +1.29% | +1.51% | View data |
| 6 | 6 Belgium | 1.66 | 2023 | +1.48% | +1.77% | |
| 7 | 7 Japan | 1.28 | 2023 | +0.00035% | +0.64% | View data |
| 8 | 8 Slovenia | 1.28 | 2023 | +1.16% | +2.09% | View data |
