United States Research and Development Spending as a Share of GDP by Year 2000-2023
About This Dataset
United States Research and Development Spending as a Share of GDP by Year 2000-2023US research intensity was remarkably flat for the first fifteen years of this series, moving only between 2.49 percent of GDP in 2004 and 2.79 percent in 2009. The sustained move up begins in 2016 and runs unbroken through 2022: 2.84, 2.88, 2.99, 3.14, 3.42, 3.47, 3.49 percent. The single biggest step is 2020, up 0.28 points, the largest in the series. Then 2023 breaks the run, slipping 0.04 points to 3.45 percent - the first decline since 2012, and enough to leave 2022 as the peak year rather than the final one. Over the full period US research intensity rose by 0.83 points, or 32 percent.
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