Research and development expenditure as a proportion of GDP in Small island developing States (SIDS)
Small island developing States (SIDS): Research and development expenditure as a proportion of GDP was 0.6% in 2023. ▼ Falling
Research and development expenditure as a proportion of GDP in Small island developing States (SIDS), 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for research and development expenditure as a proportion of gdp in Small island developing States (SIDS) is 0.6%, measured in 2023. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 3.8% on the previous year and down 31.4% over ten years.
Over the whole period, research and development expenditure as a proportion of gdp in Small island developing States (SIDS) peaked at 1.1% in 2008 and was at its lowest, 0.6%, in 2023.
That places Small island developing States (SIDS) 14th out of 22 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Research and development expenditure as a proportion of GDP in Small island developing States (SIDS), year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.8% | — |
| 2001 | 0.9% | +8.6% |
| 2002 | 0.9% | +2.0% |
| 2003 | 0.9% | -0.4% |
| 2004 | 0.9% | +5.6% |
| 2005 | 1.0% | +2.3% |
| 2006 | 0.9% | -4.0% |
| 2007 | 1.0% | +9.2% |
| 2008 | 1.1% | +10.7% |
| 2009 | 1.0% | -11.9% |
| 2010 | 0.9% | -3.5% |
| 2011 | 0.9% | -1.2% |
| 2012 | 0.9% | -1.9% |
| 2013 | 0.9% | +1.5% |
| 2014 | 1.0% | +4.5% |
| 2015 | 1.0% | +3.6% |
| 2016 | 0.9% | -6.1% |
| 2017 | 0.9% | -3.6% |
| 2018 | 0.9% | +0.9% |
| 2019 | 0.9% | +2.3% |
| 2020 | 1.0% | +10.1% |
| 2021 | 0.7% | -34.2% |
| 2022 | 0.7% | -2.8% |
| 2023 | 0.6% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.8% | 1.1% | 10 |
| 2010s | 0.9% | 0.9% | 1.0% | 10 |
| 2020s | 0.8% | 0.6% | 1.0% | 4 |
Countries ranked near Small island developing States (SIDS)
- 11 Finland 3.1% compare
- 12 Denmark 3.0% compare
- 13 United Kingdom of Great Britain and Northern Ireland 2.7% compare
- 13 United Kingdom of Great Britain and Northern Ireland 2.7% compare
- 15 Iceland 2.6% compare
- 16 China 2.6% compare
- 17 Netherlands (Kingdom of the) 2.3% compare
More economy & growth data for Small island developing States (SIDS)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.6 % (2024)
- Gross Domestic Product — Value US$ 1.27 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 17,586 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,595 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 911,879 million USD (2024)
- Gross Domestic Product — Annual growth US$ 8 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.14 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.62 % (2024)
- Gross Fixed Capital Formation — Value US$ 233,566 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.6 % (2024)
Frequently asked questions
- What is research and development expenditure as a proportion of gdp in Small island developing States (SIDS)?
- Research and development expenditure as a proportion of gdp in Small island developing States (SIDS) was 0.6% 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 Small island developing States (SIDS)?
- The highest recorded value was 1.1% in 2008.
- What is the lowest research and development expenditure as a proportion of gdp recorded in Small island developing States (SIDS)?
- The lowest recorded value was 0.6% in 2023.
- How does Small island developing States (SIDS) rank for research and development expenditure as a proportion of gdp?
- Small island developing States (SIDS) ranks 14th out of 22 groups with data for 2023.
- Is research and development expenditure as a proportion of gdp rising or falling in Small island developing States (SIDS)?
- Over the last ten years it is down 31.4%. The long-run trend across the full record is falling.
- Where does this Small island developing States (SIDS) 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).