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

ColombiaR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #75 of 114Updated July 2026
Latest Value
0.29%
2020
YoY Change
-10.1%
20192020
Global Rank
#75
of 114 countries
Maximum
0.37%
2015
Minimum
0.13%
2000
CAGR
+4.0%
21 years
Last
0.29%
Previous
0.32%
Highest
0.37%
Lowest
0.13%
Source
World Bank World Development Indicators

Colombia's R&D spending (% of GDP) was 0.29% in 2020, ranking #75 out of 114 countries. This represents a -10.1% change from 2019. Over the past 21 years, the highest recorded value was 0.37% (2015) and the lowest was 0.13% (2000). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20200.29%-10.1%
20190.32%+3.1%
20180.31%+19.6%
20170.26%-3.5%
20160.27%-26.0%
20150.37%+20.5%
20140.30%+17.7%
20130.26%+16.5%
20120.22%+11.5%
20110.20%+2.5%
20100.19%+0.0%
20090.19%-1.0%
20080.20%+6.7%
20070.18%+11.4%
20060.16%-0.8%
20050.17%-2.4%
20040.17%-2.5%
20030.17%+11.8%
20020.16%+17.1%
20010.13%+1.4%
20000.13%

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.

Source: World Bank - World Development IndicatorsCoverage: 20002023View original source →