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Canada - R&D Spending 2023

Name: Canada R&D Spending 2023
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Research and development expenditure as % of GDP · World Bank

1.70% −0.01% from 2022 Global rank: 1st

Canada's r&d spending was 1.70% in 2023, decreased +0.01% from 1.71% in 2022. This was the 1st highest globally.

Global Ranking - 2023▾

R&D Spending by Country - 2023
Rank	Country	Value	YoY
1st	Canada	1.70%	-0.6%
2nd	Hong Kong SAR, China	1.10%	2.8%
3rd	Egypt, Arab Republic of	1.03%	1.4%
4th	Serbia	0.95%	-1.7%
5th	Kenya	0.81%	97.2%
6th	Rwanda	0.79%	4.7%
7th	Belarus	0.58%	21.8%
8th	Saudi Arabia	0.56%	22.0%
9th	North Macedonia	0.40%	4.0%
10th	Oman	0.37%	33.5%
11th	Ukraine	0.33%	-0.1%
12th	Uganda	0.31%	117.9%
13th	Mexico	0.27%	4.0%
14th	Macao SAR, China	0.26%	-39.6%
15th	Georgia	0.25%	7.7%
16th	Mauritius	0.23%	-24.1%
17th	Moldova	0.22%	-2.8%
18th	Bosnia and Herzegovina	0.19%	2.6%
19th	Azerbaijan	0.18%	20.1%
20th	Armenia	0.18%	-13.6%
21st	Pakistan	0.16%	-0.3%
22nd	Panama	0.16%	-13.4%
23rd	Kazakhstan	0.14%	23.5%
24th	Uzbekistan	0.13%	-21.1%
25th	Kuwait	0.10%	21.4%
26th	Kyrgyz Republic	0.06%	-15.1%
27th	Myanmar	0.02%	-32.5%

FAQ

What was Canada's r&d spending in 2023?▾

Canada's r&d spending in 2023 was 1.70%. This ranked 1st globally.

How did Canada's r&d spending change in 2023?▾

Canada's r&d spending decreased by 0.6% in 2023 compared to 2022.

Which country had the highest r&d spending in 2023?▾

Canada had the highest r&d spending in 2023 at 1.70%.

What is the r&d spending of Canada in 2023?▾

The r&d spending of Canada in 2023 was 1.70%. This ranked 1st globally.

How does 2023 compare to 2022 for Canada's r&d spending?▾

Canada's r&d spending went from 1.71% in 2022 to 1.70% in 2023, a 0.6% decrease.

← 2022