The country came in number 6 in 2023, Austria overtook 1.52 Percent of GDP. Taiwan, Japan and Germany respectively came in numbers 2, 3 and 4 in this ranking.
How does China rank in Business Enterprise Expenditure on R&D Performed in Total Manufacturing?
| # | 34 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 3.5 | 2023 | +2.09% | +1.68% | View data |
| 2 | 2 Taiwan | 3.28 | 2023 | +5.67% | +5.91% | View data |
| 3 | 3 Japan | 2.24 | 2023 | +0.42% | +0.26% | View data |
| 4 | 4 Germany | 1.74 | 2023 | -0.0099% | -0.98% | View data |
| 5 | 5 Austria | 1.54 | 2023 | +1.31% | +1.44% | View data |
| 6 | 6 China | 1.52 | 2023 | +1.63% | +2.21% | |
| 7 | 7 United States | 1.49 | 2023 | -0.0033% | +1.73% | View data |
| 8 | 8 Belgium | 1.25 | 2023 | +1.66% | +2.24% | View data |
