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

Romania—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #62 of 114Series years: 2000–2023
Latest Value
0.52%
2023
YoY Change
+11.6%
2022 → 2023
Global Rank
#62
of 114 countries
Maximum
0.55%
2008
Minimum
0.37%
2000
CAGR
+1.5%
24 years
Last
0.52%
Previous
0.46%
Highest
0.55%
Lowest
0.37%
Unit
% of GDP
Source
World Bank World Development Indicators

Romania's R&D spending (% of GDP) was 0.52% in 2023, ranking #62 out of 114 countries. This represents a +11.6% change from 2022. Over the past 24 years, the highest recorded value was 0.55% (2008) and the lowest was 0.37% (2000). Data sourced from the World Bank World Development Indicators.

Romania — R&D Spending (% of GDP): 0.51656 % 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
20230.52%+11.6%
20220.46%-1.8%
20210.47%+1.5%
20200.46%-2.3%
20190.47%-4.4%
20180.50%-2.0%
20170.51%+3.7%
20160.49%+0.1%
20150.49%+27.7%
20140.38%-2.1%
20130.39%-15.6%
20120.46%-2.6%
20110.47%+6.3%
20100.45%+0.6%
20090.44%-19.6%
20080.55%+8.0%
20070.51%+12.0%
20060.46%+10.7%
20050.41%+6.0%
20040.39%-1.9%
20030.40%+5.3%
20020.38%-3.6%
20010.39%+6.8%
20000.37%

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 →