The country was number 14 in 2023, Norway came ahead 0.14 Percent of GDP. Japan, Taiwan and Belgium respectively came in numbers 2, 3 and 4 in this ranking.
How does New Zealand rank in R&D Capital Costs?
| # | 28 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.44 | 2023 | -0.12% | +1.87% | View data |
| 2 | 2 Japan | 0.36 | 2023 | -0.18% | +1.3% | View data |
| 3 | 3 Taiwan | 0.35 | 2023 | +0.65% | +1.22% | View data |
| 4 | 4 Belgium | 0.34 | 2023 | +2.89% | +4.6% | View data |
| 5 | 5 Germany | 0.28 | 2023 | +0.71% | +1.03% | View data |
| 12 | 12 United States | 0.18 | 2023 | +5.02% | +4.63% | View data |
| 13 | 13 Norway | 0.17 | 2023 | +1.75% | +0.29% | View data |
| 14 | 14 New Zealand | 0.14 | 2023 | +1.54% | +2.24% | |
| 15 | 15 Netherlands | 0.14 | 2023 | -0.81% | -0.59% | View data |
| 16 | 16 Portugal | 0.14 | 2023 | +0.36% | -0.47% | View data |
