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R&D Expenditures (As % of GDP) rose 12.7% to 2.63% in the World in 2020

R&D Expenditures (As % of GDP) (%), 2020
Telcos & Hi-Tech | World | February 1, 2023
$2.99
Excel Sheet

R&D expenditures as a percentage of GDP rose 12.7% to 2.63% in the World in 2020, according to World Bank.

Historically, R&D expenditures as a percentage of GDP in the World reached an all time high of 2.63% in 2020 and an all time low of 1.94% in 2007. When compared to World's main peers, R&D expenditures as a percentage of GDP in China amounted to 2.40%, 3.14% in Germany, 3.26% in Japan and 3.45% in USA in 2020.

World has been ranked th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP.

R&D Expenditures (As % of GDP) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Austria % 3.08% 3.05% 3.12% 3.06% 3.09%
Belgium % 2.37% 2.43% 2.52% 2.67% 2.86%
Canada % 1.71% 1.69% 1.73% 1.69% 1.68%
China % 2.02% 2.06% 2.10% 2.12% 2.14%
France % 2.28% 2.23% 2.22% 2.20% 2.20%
Germany % 2.88% 2.93% 2.94% 3.05% 3.11%
India % 0.702% 0.693% 0.670% 0.666% 0.656% ... ...
Japan % 3.37% 3.24% 3.11% 3.17% 3.22%
Mexico % 0.435% 0.429% 0.388% 0.328% 0.307%
Poland % 0.945% 1.00% 0.963% 1.03% 1.21%
Russia % 1.07% 1.10% 1.10% 1.11% 0.990%
South Korea % 4.08% 3.98% 3.99% 4.29% 4.52%
USA % 2.72% 2.78% 2.85% 2.90% 3.00%
World % 2.07% 2.10% 2.14% 2.13% 2.20%