The country ranked number 2 in 2023, South Korea came ahead 3.13 Percent of GDP. Taiwan, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Business Enterprise Expenditure on R&D Performed in High and Medium-High R&D Intensive Industries?
| # | 27 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.18 | 2023 | +2.13% | +1.65% | View data |
| 2 | 2 Taiwan | 3.13 | 2023 | +6.12% | +6.37% | |
| 3 | 3 Japan | 1.95 | 2023 | +0.43% | +0.31% | View data |
| 4 | 4 Germany | 1.6 | 2023 | +0.25% | -1.03% | View data |
| 5 | 5 United States | 1.3 | 2023 | -0.0031% | +1.79% | View data |
