Home/Countries/Belgium/R&D Spending (% of GDP)

BelgiumR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #7 of 114Series years: 20002023
Latest Value
3.27%
2023
YoY Change
+2.4%
20222023
Global Rank
#7
of 114 countries
Maximum
3.41%
2021
Minimum
1.79%
2005
CAGR
+2.3%
24 years
Last
3.27%
Previous
3.20%
Highest
3.41%
Lowest
1.79%
Unit
% of GDP
Source
World Bank World Development Indicators

Belgium's R&D spending (% of GDP) was 3.27% in 2023, ranking #7 out of 114 countries. This represents a +2.4% change from 2022. Over the past 24 years, the highest recorded value was 3.41% (2021) and the lowest was 1.79% (2005). Data sourced from the World Bank World Development Indicators.

Belgium — R&D Spending (% of GDP): 3.27235 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20233.27%+2.4%
20223.20%-6.2%
20213.41%+1.1%
20203.37%+6.9%
20193.15%+10.1%
20182.86%+7.0%
20172.68%+5.7%
20162.53%+4.0%
20152.43%+3.2%
20142.36%+1.6%
20132.32%+2.2%
20122.27%+5.3%
20112.16%+4.7%
20102.06%+3.5%
20091.99%+2.8%
20081.94%+4.7%
20071.85%+1.5%
20061.82%+1.8%
20051.79%-1.6%
20041.82%-1.1%
20031.84%-3.3%
20021.90%-6.4%
20012.03%+5.0%
20001.94%

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

#CountryValueYear
1Israel6.35%2023
2Liechtenstein6.01%2023
3Korea, Rep.4.94%2023
4Sweden3.60%2023
5United States3.45%2023
6Japan3.44%2023
7Belgium3.27%2023
8Austria3.26%2023
9Switzerland3.22%2023
10Germany3.15%2023
View all 114 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.

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 20002023View original source →