Research and development expenditure (% of GDP)
Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development. More info ยป
Data source: World Bank, World Development Indicators - Last updated April 23, 2013