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

Hungary—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #35 of 114Series years: 2000–2023
Latest Value
1.38%
2023
YoY Change
-0.9%
2022 → 2023
Global Rank
#35
of 114 countries
Maximum
1.63%
2021
Minimum
0.79%
2000
CAGR
+2.4%
24 years
Last
1.38%
Previous
1.39%
Highest
1.63%
Lowest
0.79%
Unit
% of GDP
Source
World Bank World Development Indicators

Hungary's R&D spending (% of GDP) was 1.38% in 2023, ranking #35 out of 114 countries. This represents a -0.9% change from 2022. Over the past 24 years, the highest recorded value was 1.63% (2021) and the lowest was 0.79% (2000). Data sourced from the World Bank World Development Indicators.

Hungary — R&D Spending (% of GDP): 1.37748 % 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
20231.38%-0.9%
20221.39%-14.9%
20211.63%+3.3%
20201.58%+7.9%
20191.46%-2.5%
20181.50%+14.2%
20171.31%+11.8%
20161.18%-12.1%
20151.34%-0.4%
20141.34%-2.9%
20131.38%+10.1%
20121.26%+6.5%
20111.18%+4.4%
20101.13%+0.1%
20091.13%+15.5%
20080.98%+2.4%
20070.95%-2.4%
20060.98%+6.3%
20050.92%+6.9%
20040.86%-6.4%
20030.92%-6.4%
20020.98%+7.8%
20010.91%+15.5%
20000.79%

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 →