Countries by Research and Development Spending as % of GDP 2024

About This Dataset

Countries by Research and Development Spending as % of GDP 2024
Countries ranked by total gross expenditure on research and development as a percentage of GDP in 2024, according to OECD Main Science and Technology Indicators. Israel leads global R&D intensity with over 5% of GDP directed toward research and development — a consequence of a technology-driven economy, a culture of military-sourced innovation, mandatory national service that channels talent into technical roles, and a venture capital ecosystem that funds breakthrough research from academic institutions into commercial products.
✨ AI Insight

Israel's R&D spending leads the world at 5.6% of GDP, reflecting its unique blend of military innovation and a robust tech ecosystem. South Korea follows with 4.9%, indicating a strong commitment to technology and industrial advancement. The gap between these leaders and others like the United States and Germany, both at 3.1%, highlights a significant disparity in R&D investment among developed nations. This trend suggests that countries prioritizing R&D may achieve faster technological advancements and economic growth. The relatively lower percentages of countries like Denmark at 2.9% may indicate a need for increased investment to stay competitive in the global market.

Source:  Wikipedia

Key Findings

Auto-computed highlights from this dataset

🏆
Israel leads with 6 in 2024.
📊
Average value in 2024: 4  ·  median: 3.
↔️
Gap in 2024: Israel is 1.9× larger than Denmark.

Countries by Research and Development Spending as % of GDP 2024

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Data Insights

Numbers, trends & sources behind this chart

Admin
Data Points
8
8 categories  ·  1 year
Top Value
5.60
Israel
R&D Spending as % of GDP · 2024
Metrics
1
R&D Spending as % of GDP
Period
2024
Single year snapshot

Rankings & Full Data

8 records · R&D Spending as % of GDP · ranked by 2024

✓ 8 sourced
# Category 2024 Source
🥇 Israel 5.60
🥈 South Korea 4.90
🥉 Taiwan 3.60
4 Sweden 3.40
5 Japan 3.30
6 United States 3.10
7 Germany 3.10
8 Denmark 2.90

Data Sources & References

All external sources cited in this dataset

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