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# Latvia R&D Expenditure

> Latvia r&d expenditure is 0.8% as of Dec 2023, from 0.8%. History from 1996, source World Bank. Free API & MCP access.

R&D Expenditure in Latvia rose to 0.8% in Dec 2023 from 0.8% in Dec 2022.

R&D Expenditure in Latvia averaged 0.6% from 1996 until 2023, reaching an all-time high of 0.8% in Dec 2023 and a record low of 0.4% in Dec 1999. The series is reported yearly with history from 1996.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 0.8% | 0.8% | 0.8% (Dec 2023) | 0.4% (Dec 1999) | 1996–2023 | % of GDP | annual |

## FAQ

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

R&D Expenditure in Latvia is 0.8% as of Dec 2023.

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

The all-time high is 0.8% (Dec 2023); the record low is 0.4% (Dec 1999), over a series starting in 1996.

**How often is this series updated?**

R&D Expenditure for Latvia 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=latvia&indicator=rd-expenditure-pct-gdp`.
Back to [Latvia economy](/latvia.md).