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

Nicaragua—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Series years: 2002–2015
Latest Value
0.11%
2015
YoY Change
+20.2%
2014 → 2015
Maximum
0.11%
2015
Minimum
0.03%
2002
CAGR
+9.0%
6 years
Last
0.11%
Previous
0.09%
Highest
0.11%
Lowest
0.03%
Unit
% of GDP
Source
World Bank World Development Indicators

Nicaragua's R&D spending (% of GDP) was 0.11% in 2015. This represents a +20.2% change from 2014. Over the past 6 years, the highest recorded value was 0.11% (2015) and the lowest was 0.03% (2002). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20150.11%+20.2%
20140.09%-13.1%
20130.10%-1.6%
20120.10%+25.2%
20110.08%+138.9%
20020.03%

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: 2002–2015View original source →