Peru R&D Spending
Research and development expenditure as % of GDP GB.XPD.RSDV.GD.ZS
Peru's r&d spending was 0.18% in 2025, ranked 63rd globally. This represents a 9.0% increase from 2024. Data from World Bank, covering 1997–2025.
Overview
Peru's r&d spending stood at 0.18% in 2025, a rise of +0.01% from 2022. Based on recent trends, this figure is projected to reach 0.18% by 2025. Peru ranked 63rd globally.
Peru's Research and Development (R&D) spending has made gradual progress over the past two decades, with the latest available data in 2025 showing a value of 0.18, ranking the country 63rd globally. This represents a significant improvement from the all-time low of 0.06 in 2012, which was also the lowest among its peer countries, including Bosnia and Herzegovina and Panama. In contrast, some countries have outpaced Peru's R&D spending growth, with Mauritius standing out as a notable example, boasting a value of 0.20. The peak of 0.18 in 2025 marks a milestone for Peru, but it remains essential to sustain this momentum. A substantial increase in R&D spending could be achieved through targeted government investments in education, innovation, and entrepreneurship, potentially propelling Peru toward a higher global rank and fostering economic growth.
Data & projection
| Year | R&D Spending | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 0.18% | - | - |
| 2025 | 0.18% | +0.01% | #63 |
| 2022 | 0.16% | +0.02% | #64 |
| 2021 | 0.14% | −0.03% | #76 |
| 2020 | 0.17% | +0.02% | #74 |
| 2019 | 0.16% | +0.03% | #83 |
| 2018 | 0.13% | +0.01% | #79 |
| 2017 | 0.12% | +0.00% | #84 |
| 2016 | 0.12% | +0.00% | #81 |
| 2015 | 0.12% | +0.01% | #90 |
| 2014 | 0.11% | +0.03% | #81 |
| 2013 | 0.08% | +0.03% | #87 |
| 2012 | 0.06% | −0.03% | #82 |
| 2011 | 0.08% | −0.07% | #84 |
| 2004 | 0.16% | +0.05% | #81 |
| 2003 | 0.11% | +0.00% | #83 |
Detected Pattern
Analysis
Peru matched the Export Boom Cycle pattern in 2024. 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
Peru's r&d spending was 0.18% in 2025. Ranked 63rd globally. This represents a 9.0% increase from the previous year.
Peru's r&d spending peaked at 0.18% in 2025.
The lowest r&d spending in Peru was 0.06% in 2012.
Peru ranks 63rd globally in r&d spending as of 2025.
The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.
Peru's r&d spending is projected to reach 0.18% by 2025 based on trend extrapolation.
The r&d spending of Peru in 2025 was 0.18%. This ranks 63rd in the world.
Cite this page
@misc{historysaid_peru_rd-spending,
title = {Peru R&D Spending},
url = {https://historysaid.com/peru/rd-spending/},
publisher = {HistorySaid},
year = {2026}
}