The country came in number 10 in 2023, Germany overtook 2.01 Percent of GDP. The United States, Belgium and Japan respectively came in numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Intramural R&D Expenditure in the Business Enterprise Sector?
| # | 40 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 4.1 | 2023 | +2.45% | +2.47% | View data |
| 2 | 2 United States | 2.81 | 2023 | +2.11% | +5.33% | View data |
| 3 | 3 Belgium | 2.66 | 2023 | +1.57% | +5.32% | View data |
| 4 | 4 Japan | 2.64 | 2023 | +0.3% | +0.63% | View data |
| 5 | 5 Sweden | 2.47 | 2023 | 0% | +0.95% | View data |
| 8 | 8 Finland | 2.2 | 2023 | +3.14% | +3.95% | View data |
| 9 | 9 Germany | 2.05 | 2023 | -0.77% | -0.85% | View data |
| 10 | 10 Iceland | 2.01 | 2023 | +0.05% | +9.36% | |
| 11 | 11 China (except Hong Kong) | 2.01 | 2023 | |||
| 12 | 12 Denmark | 1.74 | 2023 | +0.75% | -1.42% | View data |
