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Which Country Invests the Most into Research & Development?

R&D Expenditures (As % of GDP) (%), 2021 or latest
Telcos & Hi-Tech | February 1, 2023
$2.99
Excel Sheet

Based on a comparison of 89 countries in 2021, Israel ranked the highest in R&D expenditures as a percentage of GDP with 5.44% followed by South Korea and Sweden. On the other end of the scale was Guatemala with 0.026%, Iraq with 0.044% and Trinidad and Tobago with 0.061%.

Data for more countries are available at R&D Expenditures (As % of GDP) indicator page.

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%
China % 2.02% 2.06% 2.10% 2.12% 2.14%
Denmark % 2.91% 3.05% 3.09% 2.93% 2.97%
Finland % 3.15% 2.87% 2.72% 2.73% 2.76%
France % 2.28% 2.23% 2.22% 2.20% 2.20%
Germany % 2.88% 2.93% 2.94% 3.05% 3.11%
Iceland % ... ... 1.94% 2.18% 2.11% 2.08% 2.00%
Israel % 4.16% 4.26% 4.51% 4.66% 4.80%
Japan % 3.37% 3.24% 3.11% 3.17% 3.22%
Netherlands % 2.17% 2.15% 2.15% 2.18% 2.14%
South Korea % 4.08% 3.98% 3.99% 4.29% 4.52%
Sweden % ... ... 3.10% 3.22% 3.25% 3.36% 3.32%
Switzerland % ... ... ... ... ... ... ... ... ... ... ... 3.04% ... 3.03% ... ...
USA % 2.72% 2.78% 2.85% 2.90% 3.00%

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