Seychelles R&D Spending
Research and development expenditure as % of GDP GB.XPD.RSDV.GD.ZS
Seychelles's r&d spending was 0.20% in 2016, ranked 73rd globally. This represents a 29.0% decrease from 2015. Data from World Bank, covering 2001–2016.
Overview
Seychelles's r&d spending stood at 0.20% in 2016, a decline of +0.08% from 2005. Seychelles ranked 73rd globally.
Seychelles' R&D spending as a percentage of GDP has exhibited a downward trend over the past six years, from 0.40 in 2001 to 0.20 in 2016, its lowest recorded value. This decrease positions the country at number 73 globally in terms of R&D spending, narrowly surpassing Azerbaijan which ranks at 74 with 0.21 of GDP spent on research and development in 2016. The decline in R&D spending is a concern, as it may hinder the country's ability to innovate and drive economic growth. In comparison, other developing countries such as Mongolia have also struggled to maintain their R&D spending, with a value of 0.18 in 2016. To reverse this trend, Seychelles would need to increase investment in education and research, as well as foster a more conducive business environment that encourages innovation and entrepreneurship.
Data & projection
| Year | R&D Spending | YoY change | Rank |
|---|---|---|---|
| 2016 | 0.20% | −0.08% | #73 |
| 2005 | 0.28% | −0.04% | #61 |
| 2004 | 0.33% | −0.06% | #59 |
| 2003 | 0.39% | +0.00% | #54 |
| 2002 | 0.38% | −0.02% | #49 |
| 2001 | 0.40% | – | #49 |
Detected Pattern
Analysis
Seychelles matched the Orthodox Tightening Cycle pattern in 2009. Historically, 57% of countries showing this pattern (177 out of 311) saw r&d spending improve within 24 months. View full analysis →
Frequently Asked Questions
Seychelles's r&d spending was 0.20% in 2016. Ranked 73rd globally. This represents a 29.0% decrease from the previous year.
Seychelles's r&d spending peaked at 0.40% in 2001.
The lowest r&d spending in Seychelles was 0.20% in 2016.
Seychelles ranks 73rd globally in r&d spending as of 2016.
The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.
The r&d spending of Seychelles in 2016 was 0.20%. This ranks 73rd in the world.
Cite this page
@misc{historysaid_seychelles_rd-spending,
title = {Seychelles R&D Spending},
url = {https://historysaid.com/seychelles/rd-spending/},
publisher = {HistorySaid},
year = {2026}
}