Home/Countries/Trinidad and Tobago/R&D Spending (% of GDP)

Trinidad and TobagoR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #103 of 105
Latest Value
0.05%
2022
YoY Change
-11.1%
20212022
Global Rank
#103
of 105 countries
Maximum
0.13%
2002
Minimum
0.03%
2008
CAGR
-3.6%
23 years
Last
0.05%
Previous
0.05%
Highest
0.13%
Lowest
0.03%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20220.05%-11.1%
20210.05%-17.5%
20200.07%+9.3%
20190.06%-26.8%
20180.08%-4.5%
20170.09%-1.2%
20160.09%+7.9%
20150.08%+5.2%
20140.08%+41.2%
20130.05%+30.4%
20120.04%+2.5%
20110.04%-15.7%
20100.05%-15.8%
20090.06%+84.4%
20080.03%-48.1%
20070.06%-18.1%
20060.07%-36.7%
20050.11%-0.1%
20040.11%-0.5%
20030.12%-12.7%
20020.13%+26.5%
20010.10%-3.5%
20000.11%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.02%2022
2Liechtenstein5.87%2019
3Korea, Rep.5.21%2022
4United States3.59%2022
5Sweden3.41%2022
6Belgium3.41%2022
7Japan3.41%2022
8Switzerland3.31%2021
9Austria3.20%2022
10Germany3.13%2022
View all 105 countries →

About This Indicator

Definition

Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.

Methodology

Data compiled by Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources/bulk, publisher: UNESCO Institute for Statistics (UIS), date accessed: 2025-03-26, date published: 2025-02.

Source: World Bank - World Development IndicatorsView original source →