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Other small states R&D expenditure % GDP 2026: Interactive Chart & Historical Data

R&D expenditure % GDP in Other small states stood at 1.37% of GDP in 2023, according to World Bank. The latest value is down 0.01 percentage points from 1.38% of GDP in 2022. The highest value since 2002 was 1.42% of GDP in 2021, the lowest 0.45% of GDP in 2004.

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 Other small states. 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 Other small states, 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 Other small states?

R&D expenditure % GDP in Other small states stood at 1.37% of GDP in 2023, according to World Bank.

Is R&D expenditure % GDP in Other small states rising or falling?

The latest value is down 0.01 percentage points from 1.38% of GDP in 2022.

What is the highest R&D expenditure % GDP on record in Other small states?

The highest value since 2002 was 1.42% of GDP in 2021, the lowest 0.45% of GDP in 2004.

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

Latest value: 1.37% of GDP (2023)

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Cite this chart
APA

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

MLA

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

Chicago

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

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