R&d expenditures as a percentage of gdp reached 0.209% in 2020 in Armenia, according to World Bank. This is 17.2% more than in the previous year.
Historically, R&D expenditures as a percentage of GDP in Armenia reached an all time high of 0.321% in 2003 and an all time low of 0.179% in 2019.
Armenia has been ranked 57th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP.
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