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

R&D expenditure % GDP in North America stood at 3.33% of GDP in 2023, according to World Bank. The latest value is down 0.03 percentage points from 3.36% of GDP in 2022. Ten years earlier, in 2013, the value was 2.6% of GDP (up 0.73 percentage points since). The highest value since 1996 was 3.36% of GDP in 2022, the lowest 2.39% of GDP in 1996.

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 North America. 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 North America, 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 North America?

R&D expenditure % GDP in North America stood at 3.33% of GDP in 2023, according to World Bank.

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

The latest value is down 0.03 percentage points from 3.36% of GDP in 2022. Ten years earlier, in 2013, the value was 2.6% of GDP (up 0.73 percentage points since).

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

The highest value since 1996 was 3.36% of GDP in 2022, the lowest 2.39% of GDP in 1996.

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

Latest value: 3.33% of GDP (2023)

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Cite this chart
APA

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

MLA

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

Chicago

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

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