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

R&D expenditure % GDP in IBRD only stood at 1.88% of GDP in 2023, according to World Bank. The latest value is up 0.04 percentage points from 1.83% of GDP in 2022. Ten years earlier, in 2013, the value was 1.17% of GDP (up 0.7 percentage points since). The latest value is the highest since 1999; the lowest was 0.58% of GDP in 1999.

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 IBRD only. 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 IBRD only, 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 IBRD only?

R&D expenditure % GDP in IBRD only stood at 1.88% of GDP in 2023, according to World Bank.

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

The latest value is up 0.04 percentage points from 1.83% of GDP in 2022. Ten years earlier, in 2013, the value was 1.17% of GDP (up 0.7 percentage points since).

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

The latest value is the highest since 1999; the lowest was 0.58% of GDP in 1999.

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

Latest value: 1.88% of GDP (2023)

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Cite this chart
APA

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

MLA

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

Chicago

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

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