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

Guatemala—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #114 of 114Series years: 2005–2023
Latest Value
0.01%
2023
YoY Change
+10.9%
2022 → 2023
Global Rank
#114
of 114 countries
Maximum
0.07%
2007
Minimum
0.01%
2022
CAGR
-9.3%
19 years
Last
0.01%
Previous
0.01%
Highest
0.07%
Lowest
0.01%
Unit
% of GDP
Source
World Bank World Development Indicators

Guatemala's R&D spending (% of GDP) was 0.01% in 2023, ranking #114 out of 114 countries. This represents a +10.9% change from 2022. Over the past 19 years, the highest recorded value was 0.07% (2007) and the lowest was 0.01% (2022). Data sourced from the World Bank World Development Indicators.

Guatemala — R&D Spending (% of GDP): 0.00609 % 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
20230.01%+10.9%
20220.01%-90.6%
20210.06%+19.4%
20200.05%+85.0%
20190.03%-10.1%
20180.03%-0.6%
20170.03%+27.9%
20160.02%-24.6%
20150.03%+3.9%
20140.03%-24.7%
20130.04%-13.8%
20120.05%-7.2%
20110.05%+10.7%
20100.04%-21.3%
20090.06%-10.7%
20080.06%-7.3%
20070.07%+35.4%
20060.05%+40.9%
20050.04%

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: 2005–2023View original source →