Spain R&D Expenditure (% GDP)
Spain's R&D expenditure (% GDP) rose to 1.44% in 2022, up from 1.41% in 2021, according to World Bank. This represents an increase of 0.03% from the previous year. Spain has R&D expenditure (% GDP) higher than the global median (1.44% vs median 0.62%). Compared with the median in Europe, Spain is higher (1.44% vs regional median 1.40%) and ranks 20th out of 41 countries in Europe.
Yearly Historical Data (1996-2022)
(in %)Spain R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Spain's total economic output spent on research and development.