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Global R&D Expenditure Ranking
Research & Development Expenditure (USD) by Country 1996 - 2022
About this Indicator
Research and development expenditure measures total spending on creative and systematic work undertaken to increase the stock of knowledge, covering basic research, applied research, and experimental development, following the OECD Frascati Manual definition.
Measured in current US dollars (nominal) per year, converted from national currencies using official exchange rates.
Data Profile
This dataset covers the period from 1996 to 2022, recording data for 153 entities. Data is sourced from World Bank.
- As of 2022, United States holds the top position with a value of $918.2B.
Limitations
Reporting completeness varies across countries; some nations have limited data collection infrastructure for R&D surveys. Public and private sector R&D are both included where data are available.
Data Source & License
Licensed under CC BY 4.0.
Data is retrieved from the original source and formatted by Data Race.