The country ranked number 11 in 2022, Greece overtook 0.22 Percent of GDP. Germany, Taiwan and the United States respectively were numbers 2, 3 and 4 in this ranking.
How does Luxembourg rank in Government Expenditure on R&D Financed by Government?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.48 | 2023 | +1.45% | +1.91% | View data |
| 2 | 2 Germany | 0.39 | 2023 | +0.46% | +2.49% | View data |
| 3 | 3 Russia | 0.32 | 2023 | +1.4% | +1.51% | View data |
| 4 | 4 Taiwan | 0.31 | 2023 | -0.91% | -1.98% | View data |
| 5 | 5 China | 0.3 | 2023 | +1.22% | +1.89% | View data |
| 13 | 13 France | 0.21 | 2023 | -0.67% | -0.72% | View data |
| 14 | 14 Egypt | 0.21 | 2023 | -0.62% | +0.64% | View data |
| 15 | 15 Luxembourg | 0.21 | 2023 | -1.41% | -4.26% | |
| 16 | 16 Argentina | 0.2 | 2023 | +0.49% | +0.11% | View data |
| 17 | 17 Spain | 0.2 | 2023 | +0.84% | +2.69% | View data |
