Greenland R&D Spending
Research and development expenditure as % of GDP GB.XPD.RSDV.GD.ZS
Greenland's r&d spending was 0.65% in 2004, ranked 40th globally. This represents a 27.2% increase from 2003. Data from World Bank, covering 2001–2004.
Overview
Greenland's r&d spending stood at 0.65% in 2004, a rise of +0.14% from 2003. Greenland ranked 40th globally.
Greenland’s research and development (R&D) expenditure remained modest but showed a slight upward trajectory between 2001 and 2004, rising from 0.53 percent of GDP in 2001 to a peak of 0.65 percent in 2004, the highest level recorded in the four‑year series. The all‑time trough occurred in 2003 at 0.51 percent, after which spending recovered to the 2004 high, placing Greenland 40th globally in the World Bank’s 2004 ranking. Compared with peer economies, Greenland’s 0.65 percent sits just below South Africa’s 0.73 percent and Hong Kong SAR, China’s 0.72 percent, yet above Cuba’s 0.60 percent, indicating a middle‑of‑the‑pack position among similarly ranked nations. The incremental increase suggests a nascent commitment to innovation, but the limited scale implies that substantial policy shifts or external investment would be required to sustain a more pronounced rise in R&D intensity in the coming years.
Data & projection
| Year | R&D Spending | YoY change | Rank |
|---|---|---|---|
| 2004 | 0.65% | +0.14% | #40 |
| 2003 | 0.51% | −0.05% | #48 |
| 2002 | 0.56% | +0.03% | #41 |
| 2001 | 0.53% | – | #43 |
Analysis
Greenland's r&d spending was 0.65% in 2004, a rise of +0.14% from 2003.
Frequently Asked Questions
Greenland's r&d spending was 0.65% in 2004. Ranked 40th globally. This represents a 27.2% increase from the previous year.
Greenland's r&d spending peaked at 0.65% in 2004.
The lowest r&d spending in Greenland was 0.51% in 2003.
Greenland ranks 40th globally in r&d spending as of 2004.
The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.
The r&d spending of Greenland in 2004 was 0.65%. This ranks 40th in the world.
Cite this page
@misc{historysaid_greenland_rd-spending,
title = {Greenland R&D Spending},
url = {https://historysaid.com/greenland/rd-spending/},
publisher = {HistorySaid},
year = {2026}
}