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% |