The country came in number 39 in 2022, Malaysia came ahead 38.22 Percent of Total GERD. Japan, South Korea and China respectively ranked numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Gross Domestic Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 48 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Taiwan | 86.63 | 2023 | +1.43% | +1.52% | View data |
| 2 | 2 China | 78.62 | 2023 | +0.41% | +0.51% | View data |
| 3 | 3 Japan | 78.07 | 2023 | +0.00024% | -0.25% | View data |
| 4 | 4 South Korea | 76.12 | 2023 | +0.002% | -0.14% | View data |
| 5 | 5 United States | 68.41 | 2023 | +0.36% | +1.31% | View data |
| 25 | 25 Spain | 50.12 | 2023 | +0.00029% | +0.25% | View data |
| 26 | 26 Slovenia | 49.05 | 2023 | +0.014% | -1.1% | View data |
| 27 | 27 Iceland | 47.92 | 2023 | +0.27% | +1.28% | |
| 28 | 28 Estonia | 47.91 | 2023 | +0.35% | +3.25% | View data |
| 29 | 29 Kazakhstan | 47.54 | 2023 | +0.97% | +0.048% | View data |
