Highest R&D Spending Shares of GDP, 2023

Gross domestic expenditure on R&D as % of GDP by nation, 2023.

What the Data Shows

R&D expenditure is ranked as a share of GDP across nations for 2023. The chart uses ten rows and gross domestic expenditure on R&D as % of GDP. Israel ranked first at 6.35% of GDP, 0.34 percentage points above Liechtenstein. The leader was 2.01 times Germany’s tenth-ranked value, and South Korea ranked third at 4.94%.

Data table

Unit: % of GDP · Period: 2023

RankEntryValuePeriod
1Israel6.35%2023
2Liechtenstein6.01%2023
3South Korea4.94%2023
4Sweden3.60%2023
5United States3.45%2023
6Japan3.44%2023
7Belgium3.27%2023
8Austria3.26%2023
9Switzerland3.22%2023
10Germany3.15%2023

Sources

Source 1: World Bank World Development Indicators

Publisher: World Bank Data360 / World Development Indicators

Dataset/table: World Development Indicators

Date checked: 2026-05-24

Evidence: Provides 2023 R&D expenditure shares of GDP by nation.

Data notes & caveats

Gross domestic expenditure on R&D is a share of GDP and should not be presented as total R&D spending in current dollars.

Methodology

Rows were filtered to nation entries and ranked within the 2023 World Bank/WDI gross domestic expenditure on R&D indicator slice.

Source consistency notes

All rows use the same World Bank/WDI R&D expenditure indicator, same 2023 period and same % of GDP unit.

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