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Macao SAR China R&D Expenditure (% GDP)

Macao SAR China's R&D expenditure (% GDP) fell to 0.26% in 2023, down from 0.44% in 2022, according to World Bank. This represents a decrease of 0.18% from the previous year. Macao SAR China has R&D expenditure (% GDP) lower than the global median (0.26% vs median 0.62%). Compared with the median in Asia, Macao SAR China is lower (0.26% vs regional median 0.28%) and ranks 19th out of 34 countries in Asia.

Yearly Historical Data (2001-2023)

(in %)
Year R&D Expenditure (% GDP)
2023 0.26%
2022 0.44%
2021 0.37%
2020 0.45%
2019 0.25%
2018 0.2%
2017 0.17%
2016 0.23%
2015 0.14%
2014 0.09%
2013 0.05%
2012 0.05%
2011 0.04%
2010 0.05%
2009 0.05%
2008 0.1%
2007 0.06%
2006 0.08%
2005 0.09%
2004 0.05%
2003 0.06%
2002 0.07%
2001 0.06%
Macao SAR China R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Macao SAR China's total economic output spent on research and development.
Indicator Last Value Prior Value Period
GDP $50.18B $45.8B 2024
GDP Annual Growth Rate 8.81% 75.06% 2024
GDP per Capita $64,078.24 $59,602.44 2024
GDP per Capita PPP $112,844 $104,961.9 2024
Real GDP $44.02B $40.46B 2024