Home/Countries/U.S. Virgin Islands/R&D Spending (% of GDP)

U.S. Virgin Islands—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Series years: 2002–2007
Latest Value
0.03%
2007
YoY Change
-13.0%
2006 → 2007
Maximum
0.07%
2002
Minimum
0.03%
2007
CAGR
-16.3%
6 years
Last
0.03%
Previous
0.03%
Highest
0.07%
Lowest
0.03%
Unit
% of GDP
Source
World Bank World Development Indicators

U.S. Virgin Islands's R&D spending (% of GDP) was 0.03% in 2007. This represents a -13.0% change from 2006. Over the past 6 years, the highest recorded value was 0.07% (2002) and the lowest was 0.03% (2007). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20070.03%-13.0%
20060.03%+6.3%
20050.03%-14.3%
20040.03%-9.3%
20030.04%-42.9%
20020.07%

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: 2002–2007View original source →