China R&D Expenditure
2.6%▲ +0.08 pt
Dec 2023 · Annual
China's research and development expenditure stood at 2.58% of GDP in 2023, up from 2.49% in 2022. The reading is the highest since the series began in 1996, matching the all-time high. The all-time low was 0.56% of GDP in 1996.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.6% | 2.5% | 2.6%Dec 2023 | 0.6%Dec 1996 | 1996 – 2023 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 21.3% | 21.3% | 30.5% | 17.5% | Dec 2024 | Annual |
| High-Tech Exports | 26.3% | 26.6% | 32.2% | 26.3% | Dec 2024 | Annual |
About this series
R&D Expenditure in China averaged 1.6% from 1996 until 2023, reaching an all-time high of 2.6% in Dec 2023 and a record low of 0.6% in Dec 1996. The series is reported yearly with history from 1996.
The indicator measures research and development expenditure as a share of gross domestic product in China. It is expressed as a percentage of GDP and reported annually. The available series spans from 1996 to 2023, with observations for each calendar year.
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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