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

New ZealandR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #28 of 114Series years: 20012023
Latest Value
1.55%
2023
Global Rank
#28
of 114 countries
Maximum
1.55%
2023
Minimum
1.10%
2001
CAGR
+1.6%
12 years
Last
1.55%
Previous
Highest
1.55%
Lowest
1.10%
Unit
% of GDP
Source
World Bank World Development Indicators

New Zealand's R&D spending (% of GDP) was 1.55% in 2023, ranking #28 out of 114 countries. Over the past 12 years, the highest recorded value was 1.55% (2023) and the lowest was 1.10% (2001). Data sourced from the World Bank World Development Indicators.

New Zealand — R&D Spending (% of GDP): 1.54848 % 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
20231.55%+4.2%
20211.49%+1.5%
20191.46%+8.6%
20171.35%+9.8%
20151.23%+6.4%
20131.15%-6.3%
20111.23%-1.5%
20091.25%+7.9%
20071.16%+3.3%
20051.12%-2.5%
20031.15%+4.4%
20011.10%

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: 20012023View original source →