{"id":8779,"date":"2018-07-04T08:30:35","date_gmt":"2018-07-04T12:30:35","guid":{"rendered":"https:\/\/www.mapsofworld.com\/answers\/?p=8779"},"modified":"2018-07-05T05:43:28","modified_gmt":"2018-07-05T09:43:28","slug":"countries-spend-gdp-research-development","status":"publish","type":"post","link":"https:\/\/www.mapsofworld.com\/answers\/world\/countries-spend-gdp-research-development\/","title":{"rendered":"What countries spend the most of their GDP on Research and Development?"},"content":{"rendered":"\n\n
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\n 5\/5 - (2 votes) <\/div>\n <\/div>\n

\"World<\/a><\/p>\n

The innovative activities undertaken by corporations or governments to develop new services or products or improving existing services or products are categorized under the Research and Development Industry. <\/strong><\/p>\n

A robust research and development (R&D) infrastructure is vital for the economic development of the country. With innovation and constant upgradation in technology, the wastage of time and resources is minimized and hence a powerful tool for improving productivity.<\/p>\n

Innovation and economic growth are directly proportional to each other. More the innovation, better the way of utilizing the resources as it generates knowledge.<\/p>\n

According to the 2015 World Bank report, Israel spent the maximum on research and development, amounting to 4.3% of its GDP. Multinational companies like Intel, Apple, and Facebook have their R&D centers in Israel that help the country to grab the top position on the list.<\/p>\n

South Korea\u00a0is the next to spend the maximum amount of its GDP on research and development. As per the report, the nation, which has carved a niche around the world due to its range of highly innovative and well-designed products, spent around 4.2 percent of its GDP on research and development in 2015.<\/p>\n

The Asian nation of Japan\u00a0and the three European nations of Sweden, Austria, and Denmark also spent a considerable amount of 3 percent and above.<\/p>\n

Japan, which has set a benchmark in technological innovation and creates products which are loved worldwide, was at the third spot spending some 3.3 percent of its GDP on research and development.<\/p>\n

Here is a table representing the countries\u2019 expenditure on Research and Development as per World Bank Report.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Country Name<\/strong><\/td>\n2015(% GDP)<\/strong><\/td>\n<\/tr>\n
Israel<\/td>\n4.3<\/td>\n<\/tr>\n
Korea, South<\/td>\n4.2<\/td>\n<\/tr>\n
Japan<\/td>\n3.3<\/td>\n<\/tr>\n
Sweden<\/td>\n3.3<\/td>\n<\/tr>\n
Austria<\/td>\n3.1<\/td>\n<\/tr>\n
Denmark<\/td>\n3.0<\/td>\n<\/tr>\n
Finland<\/td>\n2.9<\/td>\n<\/tr>\n
Germany<\/td>\n2.9<\/td>\n<\/tr>\n
North America<\/td>\n2.8<\/td>\n<\/tr>\n
United States of America<\/td>\n2.8<\/td>\n<\/tr>\n
Belgium<\/td>\n2.5<\/td>\n<\/tr>\n
France<\/td>\n2.2<\/td>\n<\/tr>\n
Iceland<\/td>\n2.2<\/td>\n<\/tr>\n
Slovenia<\/td>\n2.2<\/td>\n<\/tr>\n
China<\/td>\n2.1<\/td>\n<\/tr>\n
Netherlands<\/td>\n2.0<\/td>\n<\/tr>\n
Czech Republic<\/td>\n1.9<\/td>\n<\/tr>\n
Norway<\/td>\n1.9<\/td>\n<\/tr>\n
United Kingdom<\/td>\n1.7<\/td>\n<\/tr>\n
Estonia<\/td>\n1.5<\/td>\n<\/tr>\n
Hungary<\/td>\n1.4<\/td>\n<\/tr>\n
Italy<\/td>\n1.3<\/td>\n<\/tr>\n
Malaysia<\/td>\n1.3<\/td>\n<\/tr>\n
Luxembourg<\/td>\n1.3<\/td>\n<\/tr>\n
Portugal<\/td>\n1.3<\/td>\n<\/tr>\n
Spain<\/td>\n1.2<\/td>\n<\/tr>\n
Slovakia<\/td>\n1.2<\/td>\n<\/tr>\n
Lithuania<\/td>\n1.0<\/td>\n<\/tr>\n
Poland<\/td>\n1.0<\/td>\n<\/tr>\n
Greece<\/td>\n1.0<\/td>\n<\/tr>\n
Bulgaria<\/td>\n1.0<\/td>\n<\/tr>\n
Serbia<\/td>\n0.9<\/td>\n<\/tr>\n
United Arab Emirates<\/td>\n0.9<\/td>\n<\/tr>\n
Croatia<\/td>\n0.9<\/td>\n<\/tr>\n
Malta<\/td>\n0.8<\/td>\n<\/tr>\n
Hong Kong<\/td>\n0.8<\/td>\n<\/tr>\n
Egypt<\/td>\n0.7<\/td>\n<\/tr>\n
Tunisia<\/td>\n0.6<\/td>\n<\/tr>\n
India<\/td>\n0.6<\/td>\n<\/tr>\n
Thailand<\/td>\n0.6<\/td>\n<\/tr>\n
Latvia<\/td>\n0.6<\/td>\n<\/tr>\n
Ukraine<\/td>\n0.6<\/td>\n<\/tr>\n
Mexico<\/td>\n0.6<\/td>\n<\/tr>\n
Belarus<\/td>\n0.5<\/td>\n<\/tr>\n
Romania<\/td>\n0.5<\/td>\n<\/tr>\n
Cyprus<\/td>\n0.5<\/td>\n<\/tr>\n
Macedonia<\/td>\n0.4<\/td>\n<\/tr>\n
Puerto Rico<\/td>\n0.4<\/td>\n<\/tr>\n
Cuba<\/td>\n0.4<\/td>\n<\/tr>\n
Chile<\/td>\n0.4<\/td>\n<\/tr>\n
Montenegro<\/td>\n0.4<\/td>\n<\/tr>\n
Moldova<\/td>\n0.4<\/td>\n<\/tr>\n
Mozambique<\/td>\n0.3<\/td>\n<\/tr>\n
Georgia<\/td>\n0.3<\/td>\n<\/tr>\n
Armenia<\/td>\n0.3<\/td>\n<\/tr>\n
Oman<\/td>\n0.2<\/td>\n<\/tr>\n
Pakistan<\/td>\n0.2<\/td>\n<\/tr>\n
Colombia<\/td>\n0.2<\/td>\n<\/tr>\n
Azerbaijan<\/td>\n0.2<\/td>\n<\/tr>\n
Bermuda<\/td>\n0.2<\/td>\n<\/tr>\n
Bosnia and Herzegovina<\/td>\n0.2<\/td>\n<\/tr>\n
Uzbekistan<\/td>\n0.2<\/td>\n<\/tr>\n
Kazakhstan<\/td>\n0.2<\/td>\n<\/tr>\n
Mongolia<\/td>\n0.2<\/td>\n<\/tr>\n
Macao<\/td>\n0.1<\/td>\n<\/tr>\n
El Salvador<\/td>\n0.1<\/td>\n<\/tr>\n
Paraguay<\/td>\n0.1<\/td>\n<\/tr>\n
Kyrgyzstan<\/td>\n0.1<\/td>\n<\/tr>\n
Cambodia<\/td>\n0.1<\/td>\n<\/tr>\n
Peru<\/td>\n0.1<\/td>\n<\/tr>\n
Tajikistan<\/td>\n0.1<\/td>\n<\/tr>\n
Nicaragua<\/td>\n0.1<\/td>\n<\/tr>\n
Lesotho<\/td>\n0.1<\/td>\n<\/tr>\n
Iraq<\/td>\n0.0<\/td>\n<\/tr>\n
Aruba<\/td>\nNA<\/td>\n<\/tr>\n
Afghanistan<\/td>\nNA<\/td>\n<\/tr>\n
Angola<\/td>\nNA<\/td>\n<\/tr>\n
Albania<\/td>\nNA<\/td>\n<\/tr>\n
Andorra<\/td>\nNA<\/td>\n<\/tr>\n
Argentina<\/td>\nNA<\/td>\n<\/tr>\n
American Samoa<\/td>\nNA<\/td>\n<\/tr>\n
Antigua and Barbuda<\/td>\nNA<\/td>\n<\/tr>\n
Australia<\/td>\nNA<\/td>\n<\/tr>\n
Burundi<\/td>\nNA<\/td>\n<\/tr>\n
Benin<\/td>\nNA<\/td>\n<\/tr>\n
Burkina Faso<\/td>\nNA<\/td>\n<\/tr>\n
Bangladesh<\/td>\nNA<\/td>\n<\/tr>\n
Bahrain<\/td>\nNA<\/td>\n<\/tr>\n
Bahamas<\/td>\nNA<\/td>\n<\/tr>\n
Belize<\/td>\nNA<\/td>\n<\/tr>\n
Bolivia<\/td>\nNA<\/td>\n<\/tr>\n
Brazil<\/td>\nNA<\/td>\n<\/tr>\n
Barbados<\/td>\nNA<\/td>\n<\/tr>\n
Brunei<\/td>\nNA<\/td>\n<\/tr>\n
Bhutan<\/td>\nNA<\/td>\n<\/tr>\n
Botswana<\/td>\nNA<\/td>\n<\/tr>\n
Central African Republic<\/td>\nNA<\/td>\n<\/tr>\n
Canada<\/td>\nNA<\/td>\n<\/tr>\n
Switzerland<\/td>\nNA<\/td>\n<\/tr>\n
Channel Islands<\/td>\nNA<\/td>\n<\/tr>\n
Cote d’Ivoire<\/td>\nNA<\/td>\n<\/tr>\n
Cameroon<\/td>\nNA<\/td>\n<\/tr>\n
Democratic Republic of the Congo<\/td>\nNA<\/td>\n<\/tr>\n
Republic of the Congo<\/td>\nNA<\/td>\n<\/tr>\n
Comoros<\/td>\nNA<\/td>\n<\/tr>\n
Cabo Verde<\/td>\nNA<\/td>\n<\/tr>\n
Costa Rica<\/td>\nNA<\/td>\n<\/tr>\n
Curacao<\/td>\nNA<\/td>\n<\/tr>\n
Cayman Islands<\/td>\nNA<\/td>\n<\/tr>\n
Djibouti<\/td>\nNA<\/td>\n<\/tr>\n
Dominica<\/td>\nNA<\/td>\n<\/tr>\n
Dominican Republic<\/td>\nNA<\/td>\n<\/tr>\n
Algeria<\/td>\nNA<\/td>\n<\/tr>\n
Ecuador<\/td>\nNA<\/td>\n<\/tr>\n
Eritrea<\/td>\nNA<\/td>\n<\/tr>\n
Ethiopia<\/td>\nNA<\/td>\n<\/tr>\n
Fiji<\/td>\nNA<\/td>\n<\/tr>\n
Faroe Islands<\/td>\nNA<\/td>\n<\/tr>\n
Federated States of Micronesia<\/td>\nNA<\/td>\n<\/tr>\n
Gabon, The<\/td>\nNA<\/td>\n<\/tr>\n
Ghana<\/td>\nNA<\/td>\n<\/tr>\n
Gibraltar<\/td>\nNA<\/td>\n<\/tr>\n
Guinea<\/td>\nNA<\/td>\n<\/tr>\n
Gambia, The<\/td>\nNA<\/td>\n<\/tr>\n
Guinea-Bissau<\/td>\nNA<\/td>\n<\/tr>\n
Equatorial Guinea<\/td>\nNA<\/td>\n<\/tr>\n
Grenada<\/td>\nNA<\/td>\n<\/tr>\n
Greenland<\/td>\nNA<\/td>\n<\/tr>\n
Guatemala<\/td>\nNA<\/td>\n<\/tr>\n
Guam<\/td>\nNA<\/td>\n<\/tr>\n
Guyana<\/td>\nNA<\/td>\n<\/tr>\n
Honduras<\/td>\nNA<\/td>\n<\/tr>\n
Haiti<\/td>\nNA<\/td>\n<\/tr>\n
Indonesia<\/td>\nNA<\/td>\n<\/tr>\n
Isle of Man<\/td>\nNA<\/td>\n<\/tr>\n
Ireland<\/td>\nNA<\/td>\n<\/tr>\n
Iran<\/td>\nNA<\/td>\n<\/tr>\n
Jamaica<\/td>\nNA<\/td>\n<\/tr>\n
Jordan<\/td>\nNA<\/td>\n<\/tr>\n
Kenya<\/td>\nNA<\/td>\n<\/tr>\n
Kiribati<\/td>\nNA<\/td>\n<\/tr>\n
St. Kitts and Nevis<\/td>\nNA<\/td>\n<\/tr>\n
Kuwait<\/td>\nNA<\/td>\n<\/tr>\n
Laos<\/td>\nNA<\/td>\n<\/tr>\n
Lebanon<\/td>\nNA<\/td>\n<\/tr>\n
Liberia<\/td>\nNA<\/td>\n<\/tr>\n
Libya<\/td>\nNA<\/td>\n<\/tr>\n
St. Lucia<\/td>\nNA<\/td>\n<\/tr>\n
Liechtenstein<\/td>\nNA<\/td>\n<\/tr>\n
Sri Lanka<\/td>\nNA<\/td>\n<\/tr>\n
Lower middle income<\/td>\nNA<\/td>\n<\/tr>\n
St. Martin<\/td>\nNA<\/td>\n<\/tr>\n
Morocco<\/td>\nNA<\/td>\n<\/tr>\n
Monaco<\/td>\nNA<\/td>\n<\/tr>\n
Madagascar<\/td>\nNA<\/td>\n<\/tr>\n
Maldives<\/td>\nNA<\/td>\n<\/tr>\n
Marshall Islands<\/td>\nNA<\/td>\n<\/tr>\n
Mali<\/td>\nNA<\/td>\n<\/tr>\n
Myanmar<\/td>\nNA<\/td>\n<\/tr>\n
Northern Mariana Islands<\/td>\nNA<\/td>\n<\/tr>\n
Mauritania<\/td>\nNA<\/td>\n<\/tr>\n
Mauritius<\/td>\nNA<\/td>\n<\/tr>\n
Malawi<\/td>\nNA<\/td>\n<\/tr>\n
Namibia<\/td>\nNA<\/td>\n<\/tr>\n
New Caledonia<\/td>\nNA<\/td>\n<\/tr>\n
Niger<\/td>\nNA<\/td>\n<\/tr>\n
Nigeria<\/td>\nNA<\/td>\n<\/tr>\n
Nepal<\/td>\nNA<\/td>\n<\/tr>\n
Nauru<\/td>\nNA<\/td>\n<\/tr>\n
New Zealand<\/td>\nNA<\/td>\n<\/tr>\n
Panama<\/td>\nNA<\/td>\n<\/tr>\n
Philippines<\/td>\nNA<\/td>\n<\/tr>\n
Palau<\/td>\nNA<\/td>\n<\/tr>\n
Papua New Guinea<\/td>\nNA<\/td>\n<\/tr>\n
Korea, Dem. People\u2019s Rep.<\/td>\nNA<\/td>\n<\/tr>\n
Palestine<\/td>\nNA<\/td>\n<\/tr>\n
French Polynesia<\/td>\nNA<\/td>\n<\/tr>\n
Qatar<\/td>\nNA<\/td>\n<\/tr>\n
Rwanda<\/td>\nNA<\/td>\n<\/tr>\n
Saudi Arabia<\/td>\nNA<\/td>\n<\/tr>\n
Sudan<\/td>\nNA<\/td>\n<\/tr>\n
Senegal<\/td>\nNA<\/td>\n<\/tr>\n
Singapore<\/td>\nNA<\/td>\n<\/tr>\n
Solomon Islands<\/td>\nNA<\/td>\n<\/tr>\n
Sierra Leone<\/td>\nNA<\/td>\n<\/tr>\n
San Marino<\/td>\nNA<\/td>\n<\/tr>\n
Somalia<\/td>\nNA<\/td>\n<\/tr>\n
South Sudan<\/td>\nNA<\/td>\n<\/tr>\n
Sao Tome and Principe<\/td>\nNA<\/td>\n<\/tr>\n
Suriname<\/td>\nNA<\/td>\n<\/tr>\n
Swaziland<\/td>\nNA<\/td>\n<\/tr>\n
Sint Maarten<\/td>\nNA<\/td>\n<\/tr>\n
Seychelles<\/td>\nNA<\/td>\n<\/tr>\n
Syrian Arab Republic<\/td>\nNA<\/td>\n<\/tr>\n
Turks and Caicos Islands<\/td>\nNA<\/td>\n<\/tr>\n
Chad<\/td>\nNA<\/td>\n<\/tr>\n
Togo<\/td>\nNA<\/td>\n<\/tr>\n
Turkmenistan<\/td>\nNA<\/td>\n<\/tr>\n
Timor-Leste<\/td>\nNA<\/td>\n<\/tr>\n
Tonga<\/td>\nNA<\/td>\n<\/tr>\n
Trinidad and Tobago<\/td>\nNA<\/td>\n<\/tr>\n
Turkey<\/td>\nNA<\/td>\n<\/tr>\n
Tuvalu<\/td>\nNA<\/td>\n<\/tr>\n
Tanzania<\/td>\nNA<\/td>\n<\/tr>\n
Uganda<\/td>\nNA<\/td>\n<\/tr>\n
Uruguay<\/td>\nNA<\/td>\n<\/tr>\n
St. Vincent and the Grenadines<\/td>\nNA<\/td>\n<\/tr>\n
Venezuela<\/td>\nNA<\/td>\n<\/tr>\n
British Virgin Islands<\/td>\nNA<\/td>\n<\/tr>\n
Virgin Islands (U.S.)<\/td>\nNA<\/td>\n<\/tr>\n
Vietnam<\/td>\nNA<\/td>\n<\/tr>\n
Vanuatu<\/td>\nNA<\/td>\n<\/tr>\n
Samoa<\/td>\nNA<\/td>\n<\/tr>\n
Kosovo<\/td>\nNA<\/td>\n<\/tr>\n
Yemen<\/td>\nNA<\/td>\n<\/tr>\n
South Africa<\/td>\nNA<\/td>\n<\/tr>\n
Zambia<\/td>\nNA<\/td>\n<\/tr>\n
Zimbabwe<\/td>\nNA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Know more about the World Index:<\/strong><\/p>\n