St. Vincent and the Grenadines R&D Spending
Research and development expenditure as % of GDP GB.XPD.RSDV.GD.ZS
St. Vincent and the Grenadines's r&d spending was 0.11% in 2002, ranked 81st globally. This represents a 184.2% increase from 2001. Data from World Bank, covering 2001–2002.
Overview
St. Vincent and the Grenadines's r&d spending stood at 0.11% in 2002, a rise of +0.07% from 2001. St. Vincent and the Grenadines ranked 81st globally.
St. Vincent and the Grenadines' research and development spending, as measured by the World Bank, registered a low ranking globally in 2002, with a value of 0.11, placing the country 81st. This figure represents the peak R&D spending in the country's data coverage, which spans only two years, from 2001 to 2002. In contrast, the trough occurred in 2001, where the spending was significantly lower at 0.04. Compared to its peer countries, St. Vincent and the Grenadines' R&D spending is closer to Peru's 2002 value of 0.11, but lags behind Trinidad and Tobago's 2002 value of 0.13. The meager investment in R&D may hinder the country's ability to drive innovation and economic growth. A significant increase in government funding for research institutions and private sector investment in R&D could potentially alter this trajectory and propel St. Vincent and the Grenadines towards a more robust innovation ecosystem.
Data & projection
Detected Pattern
Analysis
St. Vincent and the Grenadines matched the Stagflation Risk pattern in 2008. Historically, 38% of countries showing this pattern (117 out of 307) saw r&d spending improve within 24 months. View full analysis →
Frequently Asked Questions
St. Vincent and the Grenadines's r&d spending was 0.11% in 2002. Ranked 81st globally. This represents a 184.2% increase from the previous year.
St. Vincent and the Grenadines's r&d spending peaked at 0.11% in 2002.
The lowest r&d spending in St. Vincent and the Grenadines was 0.04% in 2001.
St. Vincent and the Grenadines ranks 81st globally in r&d spending as of 2002.
The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.
The r&d spending of St. Vincent and the Grenadines in 2002 was 0.11%. This ranks 81st in the world.
Cite this page
@misc{historysaid_st-vincent-and-the-grenadines_rd-spending,
title = {St. Vincent and the Grenadines R&D Spending},
url = {https://historysaid.com/st-vincent-and-the-grenadines/rd-spending/},
publisher = {HistorySaid},
year = {2026}
}