Panama vs Peru: Research and development expenditure as a proportion of GDP

Panama
0.2%
in 2024
Peru
0.2%
in 2023
Panama rank
97th
Peru rank
98th

Research and development expenditure as a proportion of GDP over time

  • Panama
  • Peru
0.10.20.30.4200020122024

How they compare

Panama currently reports 0.2% against 0.2% in Peru, a difference of 0.0%.

That makes Panama's figure about 1.1 times Peru's.

The two have swapped places 7 times across 18 shared years of data; in 2000 it was Panama ahead.

Panama ranks 97th and Peru ranks 98th of 121 countries.

Panama has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Panama Peru Difference Ahead
2000s 0.3% 0.1% 0.2% Panama
2010s 0.1% 0.1% 0.0% Panama
2020s 0.2% 0.2% 0.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher research and development expenditure as a proportion of gdp, Panama or Peru?
Panama, at 0.2% against 0.2% in Peru as of 2024.
What is the difference in research and development expenditure as a proportion of gdp between Panama and Peru?
0.0%, with Panama ahead.
How many years of comparable data are there for Panama and Peru?
18 years are reported by both, from 2000 to 2023.
How do Panama and Peru rank globally for research and development expenditure as a proportion of gdp?
Panama ranks 97th and Peru ranks 98th of 121 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Research and development expenditure as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Peru: Research and development expenditure as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/research-and-development-expenditure-as-a-proportion-of-gdp-percent/panama/peru/

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About this data

Indicator
Research and development expenditure as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
143 places, 2,753 data points, 2000–2024
Last refreshed