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

Slovak Republic—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #40 of 114Series years: 2000–2023
Latest Value
1.03%
2023
YoY Change
+5.8%
2022 → 2023
Global Rank
#40
of 114 countries
Maximum
1.15%
2015
Minimum
0.45%
2007
CAGR
+2.1%
24 years
Last
1.03%
Previous
0.98%
Highest
1.15%
Lowest
0.45%
Unit
% of GDP
Source
World Bank World Development Indicators

Slovak Republic's R&D spending (% of GDP) was 1.03% in 2023, ranking #40 out of 114 countries. This represents a +5.8% change from 2022. Over the past 24 years, the highest recorded value was 1.15% (2015) and the lowest was 0.45% (2007). Data sourced from the World Bank World Development Indicators.

Slovak Republic — R&D Spending (% of GDP): 1.03359 % 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
20231.03%+5.8%
20220.98%+8.4%
20210.90%+1.3%
20200.89%+8.3%
20190.82%-1.3%
20180.83%-5.6%
20170.88%+12.3%
20160.79%-31.9%
20151.15%+31.9%
20140.87%+6.9%
20130.82%+3.1%
20120.79%+21.4%
20110.65%+7.9%
20100.61%+28.1%
20090.47%+2.5%
20080.46%+3.2%
20070.45%-5.8%
20060.47%-4.1%
20050.50%-1.4%
20040.50%-11.1%
20030.57%+0.2%
20020.56%-9.9%
20010.63%-2.0%
20000.64%

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 →