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Georgia—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #80 of 114Series years: 2000–2024
Latest Value
0.26%
2024
YoY Change
+5.4%
2023 → 2024
Global Rank
#80
of 114 countries
Maximum
0.30%
2020
Minimum
0.08%
2013
CAGR
+0.9%
18 years
Last
0.26%
Previous
0.25%
Highest
0.30%
Lowest
0.08%
Unit
% of GDP
Source
World Bank World Development Indicators

Georgia's R&D spending (% of GDP) was 0.26% in 2024, ranking #80 out of 114 countries. This represents a +5.4% change from 2023. Over the past 18 years, the highest recorded value was 0.30% (2020) and the lowest was 0.08% (2013). Data sourced from the World Bank World Development Indicators.

Georgia — R&D Spending (% of GDP): 0.26435 % of GDP for reference year 2024. 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
20240.26%+5.4%
20230.25%+6.9%
20220.23%-5.6%
20210.25%-16.4%
20200.30%+5.6%
20190.28%+2.3%
20180.28%+3.5%
20170.27%-4.9%
20160.28%-4.7%
20150.29%+73.0%
20140.17%+120.4%
20130.08%-56.3%
20050.18%-27.7%
20040.24%+12.2%
20030.22%+17.2%
20020.19%-22.1%
20010.24%+10.8%
20000.22%

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: 2000–2024View original source →