The country came in number 19 in 2023, Norway overtook 1.14 Percent of GDP. The United States, Belgium and Japan respectively came in numbers 2, 3 and 4 in this ranking.
How does Portugal rank in Business Expenditure on R&D in All Businesses?
| # | 40 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 4.13 | 2023 | +2.84% | +2.64% | View data |
| 2 | 2 United States | 2.81 | 2023 | +2.03% | +5.31% | View data |
| 3 | 3 Belgium | 2.64 | 2023 | +1.42% | +5.22% | View data |
| 4 | 4 Japan | 2.58 | 2023 | +0.27% | +0.18% | View data |
| 5 | 5 Sweden | 2.54 | 2023 | +0.75% | +1.51% | View data |
| 18 | 18 United Kingdom | 1.24 | 2023 | +1.14% | +1.23% | View data |
| 19 | 19 Norway | 1.19 | 2023 | +1.97% | +2.54% | View data |
| 20 | 20 Portugal | 1.14 | 2023 | +5.48% | +10.36% | |
| 21 | 21 Estonia | 0.99 | 2023 | +0.31% | +10.56% | View data |
| 22 | 22 Poland | 0.97 | 2023 | +3.08% | +4.05% | View data |
