The country was number 18 in 2023, Belgium came ahead 0.57 Percent of GDP. Austria, Norway and Denmark respectively were numbers 2, 3 and 4 in this ranking.
How does Hungary rank in Gross Domestic Expenditure on R&D Financed by Government?
| # | 46 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1.17 | 2023 | +2.2% | +4.82% | View data |
| 2 | 2 Austria | 0.98 | 2023 | +0.79% | +0.84% | View data |
| 3 | 3 Norway | 0.91 | 2023 | +0.58% | -1.36% | View data |
| 4 | 4 Denmark | 0.84 | 2023 | +0.28% | +0.31% | View data |
| 5 | 5 Sweden | 0.79 | 2023 | +0.00026% | -0.98% | View data |
| 16 | 16 Czech Republic | 0.66 | 2023 | +0.41% | +0.29% | View data |
| 17 | 17 Belgium | 0.6 | 2023 | +0.31% | +1.71% | View data |
| 18 | 18 Hungary | 0.57 | 2023 | +0.78% | +3.23% | |
| 19 | 19 United Kingdom | 0.57 | 2021 | -1.68% | View data | |
| 20 | 20 Taiwan | 0.57 | 2023 | -0.5% | -2.14% | View data |
