Netherlands R&D Expenditure

2.3% +0.09 pt

Dec 2023 · Annual

Netherlands' research and development expenditure as a share of GDP rose to 2.27% in 2023 from 2.18% in 2022. This is the highest level on record since the series began in 1996. The previous all-time low was 1.61% in 2008.

Netherlands R&D Expenditure, 1996–2023
ActualPreviousHighestLowestDatesFrequency
2.3%2.2%2.3%Dec 20231.6%Dec 20081996 – 2023Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
ICT Goods Exports8.1%8.2%17.8%7.4%Dec 2024Annual
High-Tech Exports23.5%24.5%29.1%22.0%Dec 2024Annual

About this series

R&D Expenditure in Netherlands averaged 1.9% from 1996 until 2023, reaching an all-time high of 2.3% in Dec 2023 and a record low of 1.6% in Dec 2008. 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. The data are reported annually for the Netherlands, with the series spanning from 1996 to 2023. The unit is percent of GDP.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Netherlands R&D Expenditure FAQ