Spain R&D Expenditure
1.5%▲ +0.09 pt
Dec 2023 · Annual
Spain's research and development expenditure as a share of GDP rose to 1.49% in 2023 from 1.41% in 2022. This is the highest level on record since the series began in 1996. The previous all-time low was 0.78% in 1997.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.5% | 1.4% | 1.5%Dec 2023 | 0.8%Dec 1997 | 1996 – 2023 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 1.6% | 1.5% | 4.7% | 1.0% | Dec 2024 | Annual |
| High-Tech Exports | 9.3% | 9.6% | 12.6% | 5.6% | Dec 2024 | Annual |
About this series
R&D Expenditure in Spain averaged 1.2% from 1996 until 2023, reaching an all-time high of 1.5% in Dec 2023 and a record low of 0.8% in Dec 1997. The series is reported yearly with history from 1996.
Research and development expenditure as a percentage of GDP measures the total domestic spending on R&D relative to the size of the economy. The data are reported annually, with the series spanning from 1996 to the present.
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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