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

China—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #15 of 114Series years: 2000–2023
Latest Value
2.58%
2023
YoY Change
+3.3%
2022 → 2023
Global Rank
#15
of 114 countries
Maximum
2.58%
2023
Minimum
0.88%
2000
CAGR
+4.8%
24 years
Last
2.58%
Previous
2.49%
Highest
2.58%
Lowest
0.88%
Unit
% of GDP
Source
World Bank World Development Indicators

China's R&D spending (% of GDP) was 2.58% in 2023, ranking #15 out of 114 countries. This represents a +3.3% change from 2022. Over the past 24 years, the highest recorded value was 2.58% (2023) and the lowest was 0.88% (2000). Data sourced from the World Bank World Development Indicators.

China — R&D Spending (% of GDP): 2.57729 % 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
20232.58%+3.3%
20222.49%+4.7%
20212.38%+1.0%
20202.36%+7.1%
20192.20%+4.7%
20182.10%+1.2%
20172.08%+0.9%
20162.06%+2.1%
20152.02%+1.6%
20141.98%+1.1%
20131.96%+4.3%
20121.88%+7.3%
20111.75%+4.0%
20101.68%+2.9%
20091.64%+15.0%
20081.42%+5.2%
20071.35%+0.3%
20061.35%+4.6%
20051.29%+7.7%
20041.20%+8.4%
20031.10%+5.8%
20021.04%+12.3%
20010.93%+5.1%
20000.88%

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: 2000–2023View original source →