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R&D Expenditures (As % of GDP) rose 2.54% to 0.854% in Bulgaria in 2020

R&D Expenditures (As % of GDP) (%), 2020
Telcos & Hi-Tech | Bulgaria | February 1, 2023
$2.99
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R&D expenditures as a percentage of GDP rose 2.54% to 0.854% in Bulgaria in 2020, according to World Bank.

Historically, R&D expenditures as a percentage of GDP in Bulgaria reached an all time high of 0.949% in 2015 and an all time low of 0.418% in 1996. When compared to Bulgaria's main peers, R&D expenditures as a percentage of GDP in Greece amounted to 1.50%, 0.470% in Romania, 0.906% in Serbia and 1.09% in Turkey in 2020.

Bulgaria has been ranked 37th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP, 14 places above the position seen 10 years ago.

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
Albania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Bosnia and Herzegovina % ... ... ... ... ... 0.257% 0.219% 0.216% 0.200% 0.195%
Bulgaria % 0.790% 0.949% 0.770% 0.740% 0.754%
Croatia % 0.774% 0.829% 0.852% 0.849% 0.952%
Greece % ... ... 0.840% 0.966% 1.01% 1.15% 1.21%
Hungary % 1.34% 1.34% 1.18% 1.32% 1.51%
Iran % ... ... ... 0.418% ... 0.830% ... ...
Iraq % ... ... ... ... ... ... ... ... ... 0.038% 0.040% 0.037% 0.046% 0.043%
Macedonia % 0.516% 0.444% 0.436% 0.354% 0.364%
Moldova % ... ... ... 0.311% 0.309% 0.277% 0.254% 0.252%
Romania % 0.382% 0.488% 0.481% 0.503% 0.501%
Serbia % 0.723% 0.811% 0.838% 0.872% 0.919%
Turkey % 0.856% 0.877% 0.938% 0.953% 1.03%
Ukraine % 0.650% 0.615% 0.483% 0.449% 0.471%