India R&D Expenditure (% GDP)
India's R&D expenditure (% GDP) fell to 0.65% in 2020, down from 0.66% in 2019, according to World Bank. This represents a decrease of 0.01% from the previous year. India has R&D expenditure (% GDP) higher than the global median (0.65% vs median 0.62%). Compared with the median in Asia, India is higher (0.65% vs regional median 0.28%) and ranks 12th out of 34 countries in Asia.
Yearly Historical Data (1996-2020)
(in %)India R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of India's total economic output spent on research and development.