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Cyprus R&D expenditure % GDP 2026: Interactive Chart & Historical Data

R&D expenditure % GDP in Cyprus stood at 0.68% of GDP in 2023, according to World Bank. The latest value is down 0.02 percentage points from 0.7% of GDP in 2022. Ten years earlier, in 2013, the value was 0.48% of GDP (up 0.2 percentage points since). The highest value since 1998 was 0.83% of GDP in 2020, the lowest 0.2% of GDP in 1998. Cyprus ranked 47th highest of the 84 countries in this dataset in 2023; Israel ranked first.

Data source: World Bank · Unit: % of GDP · Category: Technology and Internet · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1996–2024
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What is R&D expenditure % GDP?

R&D expenditure % GDP, measured in % of GDP, measures the total economic output of Cyprus. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Cyprus, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest R&D expenditure % GDP in Cyprus?

R&D expenditure % GDP in Cyprus stood at 0.68% of GDP in 2023, according to World Bank.

Is R&D expenditure % GDP in Cyprus rising or falling?

The latest value is down 0.02 percentage points from 0.7% of GDP in 2022. Ten years earlier, in 2013, the value was 0.48% of GDP (up 0.2 percentage points since).

How does Cyprus rank for R&D expenditure % GDP?

Cyprus ranked 47th highest of the 84 countries in this dataset in 2023; Israel ranked first.

What is the highest R&D expenditure % GDP on record in Cyprus?

The highest value since 1998 was 0.83% of GDP in 2020, the lowest 0.2% of GDP in 1998.

Metadata for R&D expenditure % GDP in Cyprus
IndicatorR&D expenditure % GDP
CountryCyprus
CategoryTechnology and Internet
Unit% of GDP
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 0.68% of GDP (2023)

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Cite this chart
APA

World Bank. (2026). R&D expenditure % GDP — Cyprus [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/r-and-d-expenditure-percent-gdp/CYP. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS

MLA

World Bank. "R&D expenditure % GDP — Cyprus." EconDash, 2026, https://econdash.org/chart/r-and-d-expenditure-percent-gdp/CYP. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS.

Chicago

World Bank. 2026. "R&D expenditure % GDP — Cyprus." EconDash. Accessed November 13, 2026. https://econdash.org/chart/r-and-d-expenditure-percent-gdp/CYP. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS.

BibTeX
@misc{econdash_r_and_d_expenditure_percent_gdp_cyp,
  author = {{World Bank}},
  title = {{R\&D expenditure \% GDP --- Cyprus}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/r-and-d-expenditure-percent-gdp/CYP},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS}
}