The country came in number 22 in 2023, Estonia overtook 0.06 Percent of GDP. South Korea, Hungary and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking.
How does Singapore rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 46 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 0.35 | 2023 | +0.062% | +2.57% | View data |
| 2 | 2 South Korea | 0.24 | 2023 | +2.62% | +8.43% | View data |
| 3 | 3 Hungary | 0.22 | 2023 | +2.44% | +3.3% | View data |
| 4 | 4 United Kingdom | 0.15 | 2021 | -1% | View data | |
| 5 | 5 United States | 0.14 | 2023 | +1.38% | +2.85% | View data |
| 20 | 20 Finland | 0.068 | 2023 | +0.36% | +6.24% | View data |
| 21 | 21 Estonia | 0.067 | 2023 | +1.11% | +14.4% | View data |
| 22 | 22 Singapore | 0.063 | 2023 | +0.068% | +5.78% | |
| 23 | 23 Canada | 0.061 | 2023 | +0.78% | +1.6% | View data |
| 24 | 24 Germany | 0.057 | 2023 | -2.01% | -3.05% | View data |
