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

Seychelles—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Series years: 2001–2016
Latest Value
0.20%
2016
Maximum
0.40%
2001
Minimum
0.20%
2016
CAGR
-4.5%
6 years
Last
0.20%
Previous
—
Highest
0.40%
Lowest
0.20%
Unit
% of GDP
Source
World Bank World Development Indicators

Seychelles's R&D spending (% of GDP) was 0.20% in 2016. Over the past 6 years, the highest recorded value was 0.40% (2001) and the lowest was 0.20% (2016). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20160.20%-29.0%
20050.28%-12.8%
20040.33%-15.8%
20030.39%+1.2%
20020.38%-4.3%
20010.40%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.35%2023
2Liechtenstein6.01%2023
3South Korea4.94%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: 2001–2016View original source →