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Armenia R&D Expenditure (% GDP)

Armenia's R&D expenditure (% GDP) fell to 0.18% in 2023, down from 0.21% in 2022, according to World Bank. This represents a decrease of 0.03% from the previous year. Armenia has R&D expenditure (% GDP) lower than the global median (0.18% vs median 0.62%). Compared with the median in Asia, Armenia is lower (0.18% vs regional median 0.28%) and ranks 22nd out of 34 countries in Asia.

Yearly Historical Data (1997-2023)

(in %)
Year R&D Expenditure (% GDP)
2023 0.18%
2022 0.21%
2021 0.21%
2020 0.21%
2019 0.18%
2018 0.19%
2017 0.23%
2016 0.23%
2015 0.25%
2014 0.24%
2013 0.22%
2012 0.24%
2011 0.27%
2010 0.24%
2009 0.29%
2008 0.22%
2007 0.21%
2006 0.24%
2005 0.26%
2004 0.26%
2003 0.32%
2002 0.25%
2001 0.28%
2000 0.19%
1999 0.21%
1998 0.23%
1997 0.19%
Armenia R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Armenia's total economic output spent on research and development.
Indicator Last Value Prior Value Period
GDP $25.79B $24.09B 2024
GDP Annual Growth Rate 5.9% 8.3% 2024
GDP per Capita $5,378.32 $5,197.24 2024
GDP per Capita PPP $20,078.78 $19,402.75 2024
Real GDP $16.32B $15.41B 2024