The country came in number 27 in 2023, New Zealand overtook 0.22 Percent of GDP. Taiwan, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia 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 |
| 25 | 25 Canada | 0.28 | 2023 | -0.81% | -1.38% | View data |
| 26 | 26 New Zealand | 0.22 | 2023 | +0.38% | -2.15% | View data |
| 27 | 27 Australia | 0.22 | 2023 | -2.12% | -2.37% | |
| 28 | 28 Estonia | 0.21 | 2023 | -1.13% | +3.85% | View data |
| 29 | 29 Lithuania | 0.16 | 2023 | +3.61% | +0.7% | View data |
