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

SwedenR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #4 of 114Updated July 2026
Latest Value
3.41%
2022
YoY Change
+0.2%
20212022
Global Rank
#4
of 114 countries
Maximum
3.87%
2001
Minimum
3.10%
2014
CAGR
-0.6%
21 years
Last
3.41%
Previous
3.40%
Highest
3.87%
Lowest
3.10%
Source
World Bank World Development Indicators

Sweden's R&D spending (% of GDP) was 3.41% in 2022, ranking #4 out of 114 countries. This represents a +0.2% change from 2021. Over the past 21 years, the highest recorded value was 3.87% (2001) and the lowest was 3.10% (2014). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20223.41%+0.2%
20213.40%-2.5%
20203.49%+3.0%
20193.39%+2.0%
20183.32%-1.2%
20173.36%+3.6%
20163.25%+0.9%
20153.22%+3.8%
20143.10%-4.9%
20133.26%+0.9%
20123.23%+1.4%
20113.19%+0.6%
20103.17%-6.7%
20093.40%-2.2%
20083.47%+7.3%
20073.23%-6.9%
20063.48%+3.4%
20053.36%-0.1%
20043.36%-6.1%
20033.58%-7.6%
20013.87%

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 →