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

Vietnam—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #66 of 114Series years: 2002–2023
Latest Value
0.41%
2023
Global Rank
#66
of 114 countries
Maximum
0.42%
2021
Minimum
0.15%
2011
CAGR
+3.7%
8 years
Last
0.41%
Previous
—
Highest
0.42%
Lowest
0.15%
Unit
% of GDP
Source
World Bank World Development Indicators

Vietnam's R&D spending (% of GDP) was 0.41% in 2023, ranking #66 out of 114 countries. Over the past 8 years, the highest recorded value was 0.42% (2021) and the lowest was 0.15% (2011). Data sourced from the World Bank World Development Indicators.

Viet Nam — R&D Spending (% of GDP): 0.41456 % 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
20230.41%-2.4%
20210.42%+2.0%
20190.42%-0.6%
20170.42%+17.6%
20150.36%+19.0%
20130.30%+100.1%
20110.15%-22.4%
20020.19%

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: 2002–2023View original source →