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

SingaporeR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #23 of 114Updated July 2026
Latest Value
2.16%
2020
YoY Change
+14.4%
20192020
Global Rank
#23
of 114 countries
Maximum
2.60%
2008
Minimum
1.81%
2018
CAGR
+0.9%
21 years
Last
2.16%
Previous
1.88%
Highest
2.60%
Lowest
1.81%
Source
World Bank World Development Indicators

Singapore's R&D spending (% of GDP) was 2.16% in 2020, ranking #23 out of 114 countries. This represents a +14.4% change from 2019. Over the past 21 years, the highest recorded value was 2.60% (2008) and the lowest was 1.81% (2018). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20202.16%+14.4%
20191.88%+4.2%
20181.81%-4.7%
20171.90%-8.4%
20162.07%-4.7%
20152.17%+4.4%
20142.08%+8.4%
20131.92%+0.1%
20121.92%-7.3%
20112.07%+7.3%
20101.93%-9.3%
20092.13%-18.1%
20082.60%+11.9%
20072.32%+9.6%
20062.12%-1.5%
20052.15%+3.3%
20042.08%+4.1%
20032.00%-1.8%
20022.03%+1.2%
20012.01%+10.6%
20001.82%

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.

Source: World Bank - World Development IndicatorsCoverage: 20002023View original source →