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

NamibiaR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #56 of 114Updated July 2026
Latest Value
0.65%
2022
YoY Change
+84.8%
20142022
Global Rank
#56
of 114 countries
Maximum
0.65%
2022
Minimum
0.14%
2010
CAGR
+13.6%
3 years
Last
0.65%
Previous
0.35%
Highest
0.65%
Lowest
0.14%
Source
World Bank World Development Indicators

Namibia's R&D spending (% of GDP) was 0.65% in 2022, ranking #56 out of 114 countries. This represents a +84.8% change from 2014. Over the past 3 years, the highest recorded value was 0.65% (2022) and the lowest was 0.14% (2010). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20220.65%+84.8%
20140.35%+150.6%
20100.14%

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 →