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Chile R&D Spending

Research and development expenditure as % of GDP  GB.XPD.RSDV.GD.ZS

Chile's r&d spending was 0.36% in 2021, ranked 60th globally. This represents a 7.5% increase from 2020. Data from World Bank, covering 2007–2021.

0.36% +0.03% (+7.5%)
Year 2021 Rank #60 Global Peak 0.39% (2013) Source World Bank

Chile R&D Spending (2007–2021)

Overview

Chile's r&d spending stood at 0.36% in 2021, a rise of +0.03% from 2020. Chile ranked 60th globally.

Chile’s gross domestic expenditure on research and development (R&D) has remained modest over the 15‑year series, rising from an all‑time trough of 0.31 % of GDP in 2007 to a peak of 0.39 % in 2013 before slipping to 0.36 % in 2021, placing the country 60th globally. The incremental increase after 2007 reflects gradual policy attention to innovation, yet the post‑peak decline suggests that recent fiscal constraints or competing priorities have limited further progress. Compared with peers of similar ranking, Mauritius records 0.37 % and North Macedonia also posts 0.37 %, indicating that Chile’s current level is only marginally above the lower‑end of its peer group, while Cuba’s 0.32 % underscores the variability among middle‑income economies. The modest upward swing since the trough demonstrates that targeted incentives can lift R&D intensity, but sustaining growth will likely require stronger public‑private collaboration, increased university funding, and a clearer national innovation strategy to reverse the recent downward drift.

Data & projection

Year R&D Spending YoY change Rank
2021 0.36% +0.03% #60
2020 0.34% −0.01% #59
2019 0.34% −0.03% #65
2018 0.37% +0.01% #59
2017 0.36% −0.01% #62
2016 0.37% −0.01% #60
2015 0.38% +0.01% #66
2014 0.38% −0.01% #60
2013 0.39% +0.03% #62
2012 0.36% +0.01% #57
2011 0.35% +0.02% #59
2010 0.33% −0.02% #67
2009 0.35% −0.02% #63
2008 0.37% +0.06% #60
2007 0.31% – #62

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.0% GDP growth 5.9% C/A balance 0.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Chile matched the Export Boom Cycle pattern in 2010. Historically, 71% of countries showing this pattern (546 out of 768) saw r&d spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Chile's r&d spending?▾

Chile's r&d spending was 0.36% in 2021. Ranked 60th globally. This represents a 7.5% increase from the previous year.

What was the highest r&d spending in Chile?▾

Chile's r&d spending peaked at 0.39% in 2013.

What was the lowest r&d spending in Chile?▾

The lowest r&d spending in Chile was 0.31% in 2007.

How does Chile rank in r&d spending?▾

Chile ranks 60th globally in r&d spending as of 2021.

What is the World Bank indicator code for r&d spending?▾

The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.

What is the r&d spending of Chile in 2021?▾

The r&d spending of Chile in 2021 was 0.36%. This ranks 60th in the world.

Cite this page

APA
Chile R&D Spending. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/chile/rd-spending/
BibTeX
@misc{historysaid_chile_rd-spending, title = {Chile R&D Spending}, url = {https://historysaid.com/chile/rd-spending/}, publisher = {HistorySaid}, year = {2026} }
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