Research and development expenditure as a proportion of GDP in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Research and development expenditure as a proportion of GDP was 0.3% in 2023. ▲ Rising
Research and development expenditure as a proportion of GDP in Least Developed Countries (LDCs), 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for research and development expenditure as a proportion of gdp in Least Developed Countries (LDCs) is 0.3%, measured in 2023. That is the highest value across all 24 years on record.
The figure is up 0.8% on the previous year and up 7.3% over ten years.
Over the whole period, research and development expenditure as a proportion of gdp in Least Developed Countries (LDCs) peaked at 0.3% in 2023 and was at its lowest, 0.2%, in 2005.
The long-run direction has been consistently rising across the 24 years of available data.
Research and development expenditure as a proportion of GDP in Least Developed Countries (LDCs), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.2% | -3.4% |
| 2002 | 0.2% | +1.3% |
| 2003 | 0.2% | -1.4% |
| 2004 | 0.2% | -2.5% |
| 2005 | 0.2% | -1.3% |
| 2006 | 0.2% | +1.4% |
| 2007 | 0.2% | +1.2% |
| 2008 | 0.2% | +2.1% |
| 2009 | 0.2% | +4.4% |
| 2010 | 0.2% | +5.8% |
| 2011 | 0.2% | +4.2% |
| 2012 | 0.2% | +3.9% |
| 2013 | 0.3% | +5.4% |
| 2014 | 0.3% | +0.6% |
| 2015 | 0.3% | +2.0% |
| 2016 | 0.3% | +0.8% |
| 2017 | 0.3% | -1.0% |
| 2018 | 0.3% | -1.7% |
| 2019 | 0.3% | +0.2% |
| 2020 | 0.3% | +5.6% |
| 2021 | 0.3% | -0.1% |
| 2022 | 0.3% | +0.1% |
| 2023 | 0.3% | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.2% | 10 |
| 2010s | 0.3% | 0.2% | 0.3% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 4 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
Frequently asked questions
- What is research and development expenditure as a proportion of gdp in Least Developed Countries (LDCs)?
- Research and development expenditure as a proportion of gdp in Least Developed Countries (LDCs) was 0.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest research and development expenditure as a proportion of gdp recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 0.3% in 2023.
- What is the lowest research and development expenditure as a proportion of gdp recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 0.2% in 2005.
- How does Least Developed Countries (LDCs) rank for research and development expenditure as a proportion of gdp?
- Least Developed Countries (LDCs) ranks 8th out of 11 groups with data for 2023.
- Is research and development expenditure as a proportion of gdp rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Research and development expenditure as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).