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

R&d expenditures as a percentage of gdp reached 0.119% in 2016 in Venezuela, according to World Bank. This is 50.8% less than in the previous year.

Historically, R&D expenditures as a percentage of GDP in Venezuela reached an all time high of 0.337% in 2014 and an all time low of 0.119% in 2016.

Venezuela has been ranked 80th within the group of 91 countries we follow in terms of R&D expenditures as a percentage of GDP.