List of sovereign states by research and development spending
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This is a list of countries by research and development (R&D) spending in real terms, based on data published by World Bank, United Nations Economic Commission for Europe and the Organisation for Economic Co-operation and Development. According to World Bank, ″Gross domestic expenditures on research and development (R&D) include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.″[3] According to United Nations Economic Commission for Europe, ″Research and development (R&D) expenditure as a proportion of Gross Domestic Product (GDP) is defined as the total intramural expenditure on research and experimental development (R&D) performed in the national territory during a specific reference period expressed as a percentage of national gross domestic product (GDP).″[4] According to the Organisation for Economic Co-operation and Development, ″Gross domestic spending on R&D is defined as the total expenditure (current and capital) on R&D carried out by all resident companies, research institutes, university and government laboratories, etc., in a country. It includes R&D funded from abroad, but excludes domestic funds for R&D performed outside the domestic economy.″[2] As of 2022, Israel leads the world in R&D spending as a percentage of GDP, followed by South Korea, the United States, Japan, Belgium and Sweden. ListThe following table provides information on R&D spending, based on data published by World Bank,[5] United Nations Economic Commission for Europe,[6] and the Organisation for Economic Co-operation and Development.[2] The indicator is measured in USD constant prices using 2015 base year and purchasing power parities (PPPs) by OECD and as percentage of GDP.
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