Global ranking - Firms that spend on R&D (% of firms) 2023

Description	Percent of firms that spend on research and development.
Unit of measure	%
Aggregate operator	Average

Source: World Bank

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Attention, following countries are not included in this rankings: Brazil, Canada, China, Egypt, France, Germany, India, Indonesia, Iran, Italy, Japan, Pakistan, Russian Federation, Saudi Arabia, South Korea, Spain, Turkey, United Kingdom, United States

	2023
Central African Republic (1°)	44.3
Peru (2°)	27.6
Paraguay (3°)	27.2
Palestine (4°)	20.4
Macedonia (5°)	18.8
Hungary (6°)	17.7
Estonia (7°)	16.8
Montenegro (8°)	16.5
El Salvador (9°)	13.9
Rwanda (10°)	13.7
Morocco (11°)	13.3
Georgia (12°)	12.9
Colombia (13°)	12.8
Bosnia Herzegovina (14°)	11.5
Slovakia (15°)	10.9
Croatia (16°)	10.8
Kyrgyzstan (17°)	8.6
Mexico (18°)	8.4
Romania (19°)	7.6
Bulgaria (20°)	2.8
Cambodia (21°)	0.0

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Compare (optional, max 9)	Countries Bosnia Herzegovina Bulgaria Cambodia Colombia Croatia El Salvador Estonia Georgia Hungary Kyrgyzstan Macedonia Mexico Montenegro Morocco Palestine Paraguay Peru Romania Rwanda Slovakia Argentina Bolivia Ecuador Egypt Guatemala Honduras Nicaragua Uruguay -- Value not found: 43 -- Value not found: 42 -- Value not found: 94 -- Value not found: 102 -- Value not found: 140 -- Value not found: 154 -- Value not found: 71 -- Value not found: 109 -- Value not found: 172 -- Value not found: 166 -- Value not found: 90 -- Value not found: 158 -- Value not found: 72 -- Value not found: 106 -- Value not found: 132
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Global ranking - Firms that spend on R&D (% of firms) 2023

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