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

United StatesR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #5 of 114Series years: 20002023
Latest Value
3.45%
2023
YoY Change
-1.2%
20222023
Global Rank
#5
of 114 countries
Maximum
3.49%
2022
Minimum
2.49%
2004
CAGR
+1.2%
24 years
Last
3.45%
Previous
3.49%
Highest
3.49%
Lowest
2.49%
Unit
% of GDP
Source
World Bank World Development Indicators

United States's R&D spending (% of GDP) was 3.45% in 2023, ranking #5 out of 114 countries. This represents a -1.2% change from 2022. Over the past 24 years, the highest recorded value was 3.49% (2022) and the lowest was 2.49% (2004). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20233.45%-1.2%
20223.49%+0.5%
20213.47%+1.5%
20203.42%+8.7%
20193.14%+5.1%
20182.99%+3.7%
20172.88%+1.6%
20162.84%+2.3%
20152.77%+2.4%
20142.71%+0.5%
20132.70%+0.9%
20122.67%-2.4%
20112.74%+0.9%
20102.71%-2.8%
20092.79%+1.7%
20082.74%+5.0%
20072.62%+2.7%
20062.55%+1.7%
20052.50%+0.6%
20042.49%-2.5%
20032.55%+0.1%
20022.55%-3.4%
20012.64%+0.7%
20002.62%

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: 20002023View original source →