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Canada R&D Expenditure (% GDP)

Canada's R&D expenditure (% GDP) fell to 1.7% in 2023, down from 1.71% in 2022, according to World Bank. This represents a decrease of 0.01% from the previous year. Canada has R&D expenditure (% GDP) higher than the global median (1.70% vs median 0.62%). Compared with the median in Americas, Canada is higher (1.70% vs regional median 0.28%) and ranks 2nd out of 18 countries in Americas.

Yearly Historical Data (1996-2023)

(in %)
Year R&D Expenditure (% GDP)
2023 1.7%
2022 1.71%
2021 1.86%
2020 1.93%
2019 1.76%
2018 1.74%
2017 1.69%
2016 1.73%
2015 1.69%
2014 1.71%
2013 1.71%
2012 1.77%
2011 1.79%
2010 1.83%
2009 1.92%
2008 1.86%
2007 1.9%
2006 1.94%
2005 1.97%
2004 2%
2003 1.97%
2002 1.97%
2001 2.02%
2000 1.86%
1999 1.75%
1998 1.71%
1997 1.61%
1996 1.61%
Canada R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Canada's total economic output spent on research and development.
Indicator Last Value Prior Value Period
GDP $2.24T $2.17T 2024
GDP Annual Growth Rate 1.53% 1.53% 2024
GDP Growth Rate (QoQ) -0.4% 0.5% Jun'25
GDP Growth Rate (YoY) 1.2% 2.3% Jun'25
GDP per Capita $44,401.72 $45,048.28 2024
GDP per Capita PPP $56,691.91 $57,517.44 2024
Real GDP $1.83T $1.81T 2024