Singapore R&D Expenditure
1.8%▼ −0.13 pt
Dec 2022 · Annual
Singapore's research and development expenditure as a percentage of GDP decreased to 1.81% in 2022 from 1.94% in 2021. The figure remains below the all-time high of 2.60% recorded in 2008 and above the series low of 1.32% from 1996.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.8% | 1.9% | 2.6%Dec 2008 | 1.3%Dec 1996 | 1996 – 2022 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 34.6% | 31.7% | 54.4% | 14.0% | Dec 2024 | Annual |
| High-Tech Exports | 59.4% | 56.1% | 59.4% | 47.7% | Dec 2024 | Annual |
About this series
R&D Expenditure in Singapore averaged 2.0% from 1996 until 2022, reaching an all-time high of 2.6% in Dec 2008 and a record low of 1.3% in Dec 1996. 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 relative to the size of the economy. The data is reported annually and covers the period from 1996 onward.
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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