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# Cyprus R&D Expenditure

> Cyprus r&d expenditure is 0.7% as of Dec 2023, from 0.7%. History from 1998, source World Bank. Free API & MCP access.

R&D Expenditure in Cyprus fell to 0.7% in Dec 2023 from 0.7% in Dec 2022.

R&D Expenditure in Cyprus averaged 0.5% from 1998 until 2023, reaching an all-time high of 0.8% in Dec 2020 and a record low of 0.2% in Dec 1998. The series is reported yearly with history from 1998.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 0.7% | 0.7% | 0.8% (Dec 2020) | 0.2% (Dec 1998) | 1998–2023 | % of GDP | annual |

## FAQ

**What is Cyprus's r&d expenditure right now?**

R&D Expenditure in Cyprus is 0.7% as of Dec 2023.

**What are the historical extremes for Cyprus's r&d expenditure?**

The all-time high is 0.8% (Dec 2020); the record low is 0.2% (Dec 1998), over a series starting in 1998.

**How often is this series updated?**

R&D Expenditure for Cyprus is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=cyprus&indicator=rd-expenditure-pct-gdp`.
Back to [Cyprus economy](/cyprus.md).