Saudi Arabia R&D Expenditure (% GDP)
Saudi Arabia's R&D expenditure (% GDP) rose to 0.56% in 2023, up from 0.46% in 2022, according to World Bank. This represents an increase of 0.1% from the previous year. Saudi Arabia has R&D expenditure (% GDP) lower than the global median (0.56% vs median 0.62%). Compared with the median in Asia, Saudi Arabia is higher (0.56% vs regional median 0.28%) and ranks 13th out of 34 countries in Asia.
Yearly Historical Data (2003-2023)
(in %)Saudi Arabia R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Saudi Arabia's total economic output spent on research and development.