Venezuela, RB—R&D Spending (% of GDP)
Category: TechnologySource: World Bank World Development Indicators
Latest Value
0.69%
2016
YoY Change
+56.8%
2015 → 2016
Maximum
0.69%
2016
Minimum
0.15%
2011
CAGR
+12.5%
12 years
Last
0.69%
Previous
0.44%
Highest
0.69%
Lowest
0.15%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2016 | 0.69% | +56.8% |
| 2015 | 0.44% | +30.5% |
| 2014 | 0.34% | +5.8% |
| 2013 | 0.32% | +27.4% |
| 2012 | 0.25% | +63.5% |
| 2011 | 0.15% | -18.7% |
| 2010 | 0.19% | -21.6% |
| 2009 | 0.24% | +0.9% |
| 2008 | 0.24% | +18.4% |
| 2007 | 0.20% | -36.6% |
| 2006 | 0.32% | +67.9% |
| 2005 | 0.19% |
Top Countries — R&D Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Israel | 6.02% | 2022 |
| 2 | Liechtenstein | 5.87% | 2019 |
| 3 | Korea, Rep. | 5.21% | 2022 |
| 4 | United States | 3.59% | 2022 |
| 5 | Sweden | 3.41% | 2022 |
| 6 | Belgium | 3.41% | 2022 |
| 7 | Japan | 3.41% | 2022 |
| 8 | Switzerland | 3.31% | 2021 |
| 9 | Austria | 3.20% | 2022 |
| 10 | Germany | 3.13% | 2022 |
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 →