R&D expenditures as a percentage of GDP rose 6.96% to 2.40% in China in 2020, according to World Bank.
Historically, R&D expenditures as a percentage of GDP in China reached an all time high of 2.40% in 2020 and an all time low of 0.563% in 1996.
China has been ranked 12th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP, 4 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 |
Bangladesh | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Canada | % | 1.71% | 1.69% | 1.73% | 1.69% | 1.68% | ||||||||||||||||
China | % | 2.02% | 2.06% | 2.10% | 2.12% | 2.14% | ||||||||||||||||
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% | ||||||||||||||||
Pakistan | % | ... | ... | ... | ... | ... | ... | ... | 0.246% | ... | 0.236% | ... | ... | |||||||||
Russia | % | 1.07% | 1.10% | 1.10% | 1.11% | 0.990% | ||||||||||||||||
South Korea | % | 4.08% | 3.98% | 3.99% | 4.29% | 4.52% | ||||||||||||||||
Sri Lanka | % | ... | ... | ... | ... | ... | ... | ... | ... | 0.100% | 0.109% | 0.129% | 0.128% | 0.128% | ... | ... | ||||||
USA | % | 2.72% | 2.78% | 2.85% | 2.90% | 3.00% |