Cyprus R&D Spending
Research and development expenditure as % of GDP GB.XPD.RSDV.GD.ZS
Cyprus's r&d spending was 0.92% in 2025, ranked 36th globally. This represents a 23.1% increase from 2024. Data from World Bank, covering 1998–2025.
Overview
Cyprus's r&d spending stood at 0.92% in 2025, a rise of +0.17% from 2022. Based on recent trends, this figure is projected to reach 0.92% by 2025. Cyprus ranked 36th globally.
Cyprus has exhibited a steady increase in Research and Development (R&D) spending over the past 26 years, with the latest value standing at 0.92 of GDP, ranking 36th globally. This growth is evident as the country has more than quadrupled its R&D spending from the trough of 0.20 of GDP in 1998 to the current peak of 0.92 in 2025. In comparison, Ireland has maintained a slightly higher R&D spending ratio, standing at 0.93 of GDP, a value that has seen minimal fluctuations over the years. The steady growth in Cyprus' R&D spending underscores the country's efforts to modernize its economy and increase its competitiveness. However, the country's R&D spending ratio remains below that of other European nations, and sustaining this growth will require continued investment in innovation and technology, particularly in emerging sectors such as renewable energy and digital technologies.
Data & projection
| Year | R&D Spending | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 0.92% | - | - |
| 2025 | 0.92% | +0.17% | #36 |
| 2022 | 0.75% | −0.06% | #40 |
| 2021 | 0.80% | −0.04% | #43 |
| 2020 | 0.84% | +0.13% | #44 |
| 2019 | 0.71% | +0.10% | #50 |
| 2018 | 0.61% | +0.07% | #48 |
| 2017 | 0.54% | +0.02% | #53 |
| 2016 | 0.52% | +0.04% | #51 |
| 2015 | 0.48% | −0.04% | #58 |
| 2014 | 0.51% | +0.03% | #52 |
| 2013 | 0.48% | +0.05% | #55 |
| 2012 | 0.44% | −0.01% | #54 |
| 2011 | 0.45% | +0.01% | #57 |
| 2010 | 0.44% | −0.00% | #57 |
| 2009 | 0.44% | +0.06% | #56 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. 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
Cyprus's r&d spending was 0.92% in 2025. Ranked 36th globally. This represents a 23.1% increase from the previous year.
Cyprus's r&d spending peaked at 0.92% in 2025.
The lowest r&d spending in Cyprus was 0.20% in 1998.
Cyprus ranks 36th globally in r&d spending as of 2025.
The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.
Cyprus's r&d spending is projected to reach 0.92% by 2025 based on trend extrapolation.
The r&d spending of Cyprus in 2025 was 0.92%. This ranks 36th in the world.
Cite this page
@misc{historysaid_cyprus_rd-spending,
title = {Cyprus R&D Spending},
url = {https://historysaid.com/cyprus/rd-spending/},
publisher = {HistorySaid},
year = {2026}
}