The country was number 10 in 2023, Norway overtook 0.11 Percent of GDP. South Korea, Hungary and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking.
How does Austria rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 46 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 0.35 | 2023 | +0.062% | +2.57% | View data |
| 2 | 2 South Korea | 0.24 | 2023 | +2.62% | +8.43% | View data |
| 3 | 3 Hungary | 0.22 | 2023 | +2.44% | +3.3% | View data |
| 4 | 4 United Kingdom | 0.15 | 2021 | -1% | View data | |
| 5 | 5 United States | 0.14 | 2023 | +1.38% | +2.85% | View data |
| 8 | 8 Poland | 0.12 | 2023 | +2.09% | +2.54% | View data |
| 9 | 9 Norway | 0.12 | 2023 | +0.18% | +2.15% | View data |
| 10 | 10 Austria | 0.11 | 2023 | +4.89% | +6.72% | |
| 11 | 11 Belgium | 0.093 | 2023 | +0.18% | +4.48% | View data |
| 12 | 12 Slovenia | 0.089 | 2023 | +0.73% | -0.0039% | View data |
