Venezuela - Research and development expenditure
Research and development expenditure (% of GDP)
Research and development expenditure (% of GDP) in Venezuela was 0.337 as of 2014. Its highest value over the past 9 years was 0.337 in 2014, while its lowest value was 0.153 in 2011.
Definition: Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They 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.
Source: UNESCO Institute for Statistics (http://uis.unesco.org/)
See also:
| Year | Value |
|---|---|
| 2005 | 0.189 |
| 2006 | 0.317 |
| 2007 | 0.201 |
| 2008 | 0.238 |
| 2009 | 0.240 |
| 2010 | 0.188 |
| 2011 | 0.153 |
| 2012 | 0.250 |
| 2013 | 0.319 |
| 2014 | 0.337 |
Classification
Topic: Infrastructure Indicators
Sub-Topic: Technology
