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

Luxembourg—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #38 of 114Series years: 2000–2023
Latest Value
1.07%
2023
YoY Change
+0.5%
2022 → 2023
Global Rank
#38
of 114 countries
Maximum
1.65%
2006
Minimum
1.03%
2021
CAGR
-1.7%
22 years
Last
1.07%
Previous
1.07%
Highest
1.65%
Lowest
1.03%
Unit
% of GDP
Source
World Bank World Development Indicators

Luxembourg's R&D spending (% of GDP) was 1.07% in 2023, ranking #38 out of 114 countries. This represents a +0.5% change from 2022. Over the past 22 years, the highest recorded value was 1.65% (2006) and the lowest was 1.03% (2021). Data sourced from the World Bank World Development Indicators.

Luxembourg — R&D Spending (% of GDP): 1.07045 % 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
20231.07%+0.5%
20221.07%+3.3%
20211.03%-5.9%
20201.10%-7.3%
20191.18%+1.0%
20181.17%-5.5%
20171.24%-2.2%
20161.27%+1.2%
20151.25%+2.9%
20141.22%-1.4%
20131.23%+2.3%
20121.21%-15.3%
20111.42%+0.1%
20101.42%-10.4%
20091.59%+2.7%
20081.55%-1.6%
20071.57%-4.7%
20061.65%+5.8%
20051.56%-1.9%
20041.59%-2.2%
20031.62%+2.5%
20001.58%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.35%2023
2Liechtenstein6.01%2023
3South Korea4.94%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 →