The country came in number 26 in 2022, Canada overtook 0.71 Percent of GDP. Taiwan, Japan and Germany respectively came in numbers 2, 3 and 4 in this ranking.
How does Portugal rank in Gross Domestic Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.97 | 2023 | +2.8% | +2.78% | View data |
| 2 | 2 Taiwan | 3.52 | 2023 | +5.16% | +5.49% | View data |
| 3 | 3 Japan | 2.58 | 2023 | +0.18% | +0.29% | View data |
| 4 | 4 United States | 2.46 | 2023 | +2.14% | +5.01% | View data |
| 5 | 5 Belgium | 2.42 | 2023 | +4.43% | +5.35% | View data |
| 16 | 16 Singapore | 1.19 | 2023 | +0.091% | +4.71% | View data |
| 17 | 17 Slovenia | 1.05 | 2023 | +0.59% | +0.8% | View data |
| 18 | 18 Portugal | 1.02 | 2023 | +5.11% | +9.74% | |
| 19 | 19 Estonia | 0.94 | 2023 | +2.79% | +10.41% | View data |
| 20 | 20 Hungary | 0.86 | 2023 | +1.43% | +1.66% | View data |
