Saudi Arabia R&D Expenditure
0.6%▲ +0.14 pt
Dec 2024 · Annual
Saudi Arabia's research and development expenditure as a share of GDP rose to 0.63522% in 2024, from 0.49487% in 2023. The reading remains below the all-time high of 0.88541% set in 2011 and above the series low of 0.0423% recorded in 2005. Data are available from 2003 onward.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 0.6% | 0.5% | 0.9%Dec 2011 | 0.0%Dec 2005 | 2003 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 2.3% | 1.0% | 2.3% | 0.0% | Dec 2024 | Annual |
| High-Tech Exports | 0.5% | 0.6% | 1.3% | 0.3% | Dec 2024 | Annual |
About this series
R&D Expenditure in Saudi Arabia averaged 0.4% from 2003 until 2024, reaching an all-time high of 0.9% in Dec 2011 and a record low of 0.0% in Dec 2005. The series is reported yearly with history from 2003.
This indicator captures total intramural expenditure on research and development performed within Saudi Arabia, expressed as a percentage of gross domestic product. It is compiled on an annual basis. The available time series covers the period from 2003 to 2024.
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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