R&D expenditures as a percentage of GDP rose 8.97% to 3.45% in the USA in 2020, according to World Bank.
Historically, R&D expenditures as a percentage of GDP in the USA reached an all time high of 3.45% in 2020 and an all time low of 2.45% in 1996. When compared to USA's main peers, R&D expenditures as a percentage of GDP in Canada amounted to 1.70%, 2.40% in China, 3.26% in Japan and 0.301% in Mexico in 2020.
USA has been ranked 5th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP, 2 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 |
| Australia | % | ... | ... | ... | 1.92% | ... | 1.88% | ... | ... | |||||||||||||
| Belize | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Canada | % | 1.71% | 1.69% | 1.73% | 1.69% | 1.68% | ||||||||||||||||
| China | % | 2.02% | 2.06% | 2.10% | 2.12% | 2.14% | ||||||||||||||||
| Guatemala | % | ... | ... | ... | ... | ... | 0.029% | 0.031% | 0.023% | 0.030% | 0.029% | ... | ||||||||||
| Honduras | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.015% | ... | 0.040% | ... | ... | ... | |||||
| 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% | ||||||||||||||||
| 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% | ||||||||||||||||
| United Kingdom | % | 1.63% | 1.63% | 1.64% | 1.66% | 1.70% | ... |
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