Canada R&D Expenditure
1.8%▼ −0.02 pt
Dec 2024 · Annual
Canada's research and development expenditure as a share of GDP fell to 1.79% in 2024 from 1.81% in 2023. The current level remains below the all-time high of 2.02% recorded in 2001 and above the series low of 1.61% from 1996. Data are available from 1996 onward.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.8% | 1.8% | 2.0%Dec 2001 | 1.6%Dec 1996 | 1996 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 1.4% | 1.4% | 7.5% | 1.4% | Dec 2024 | Annual |
| High-Tech Exports | 16.8% | 16.4% | 17.9% | 14.1% | Dec 2024 | Annual |
About this series
R&D Expenditure in Canada averaged 1.8% from 1996 until 2024, reaching an all-time high of 2.0% in Dec 2001 and a record low of 1.6% in Dec 1996. The series is reported yearly with history from 1996.
Research and development expenditure as a percentage of GDP measures gross domestic spending on R&D activities, including current and capital expenditures. The indicator is reported annually for Canada and covers the period from 1996 to the present. Values are expressed as a share of the country's gross domestic product.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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