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

Peru—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #91 of 114Series years: 2000–2023
Latest Value
0.18%
2023
YoY Change
+8.7%
2022 → 2023
Global Rank
#91
of 114 countries
Maximum
0.18%
2023
Minimum
0.06%
2012
CAGR
+2.0%
18 years
Last
0.18%
Previous
0.16%
Highest
0.18%
Lowest
0.06%
Unit
% of GDP
Source
World Bank World Development Indicators

Peru's R&D spending (% of GDP) was 0.18% in 2023, ranking #91 out of 114 countries. This represents a +8.7% change from 2022. Over the past 18 years, the highest recorded value was 0.18% (2023) and the lowest was 0.06% (2012). Data sourced from the World Bank World Development Indicators.

Peru — R&D Spending (% of GDP): 0.17611 % 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
20230.18%+8.7%
20220.16%+17.8%
20210.14%-20.2%
20200.17%+9.8%
20190.16%+23.8%
20180.13%+4.9%
20170.12%+0.6%
20160.12%+2.6%
20150.12%+8.3%
20140.11%+32.2%
20130.08%+47.8%
20120.06%-33.2%
20110.08%-46.8%
20040.16%+44.1%
20030.11%+1.9%
20020.11%-4.3%
20010.11%-1.5%
20000.11%

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 →