Americas R&D Expenditure (% GDP) Ranking (2023)
In 2022, R&D expenditure (% GDP) in the Americas was highest in the United States at 3.59%, followed by Canada at 1.70% and Brazil at 1.15%. The average R&D expenditure (% GDP) across countries in the Americas was 0.57%, the median was 0.28%, and Trinidad & Tobago recorded the lowest R&D expenditure (% GDP) at 0.05%, according to the World Bank.
Data is available for the period 1996 to 2023 across 18 countries in Americas.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 3.59% | 3.48% | 2022 | |
| 2 | 1.7% | 1.71% | 2023 | |
| 3 | 1.15% | 1.21% | 2020 | |
| 4 | 0.63% | 0.61% | 2022 | |
| 5 | 0.55% | 0.52% | 2022 | |
| 6 | 0.36% | 0.34% | 2021 | |
| 7 | 0.36% | 0.32% | 2022 | |
| 8 | 0.34% | 0.27% | 2022 | |
| 9 | 0.29% | 0.32% | 2020 | |
| 10 | 0.27% | 0.26% | 2023 | |
| 11 | 0.23% | 0.26% | 2020 | |
| 12 | 0.16% | 0.18% | 2023 | |
| 13 | 0.16% | 0.14% | 2022 | |
| 14 | 0.14% | 0.16% | 2022 | |
| 15 | 0.12% | 0.14% | 2022 | |
| 16 | 0.06% | 0.05% | 2021 | |
| 17 | 0.06% | 0.06% | 2019 | |
| 18 | 0.05% | 0.05% | 2022 |
Americas R&D Expenditure (% GDP) Ranking (2023) : Definition
R&D Expenditure (% GDP) measures total spending on research and development during the reporting year, expressed as a percentage of nominal GDP.