R&D Expenditures (As % of GDP) in Latvia

Source: World Bank
Last Updated: February 1, 2023

R&d expenditures as a percentage of gdp reached 0.706% in 2020 in Latvia, according to World Bank. This is 10.8% more than in the previous year.

Historically, R&D expenditures as a percentage of GDP in Latvia reached an all time high of 0.716% in 2011 and an all time low of 0.352% in 1999.

Latvia has been ranked 39th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP.

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