Sweden R&D Expenditure
3.6%▲ +0.13 pt
Dec 2023 · Annual
Sweden's research and development expenditure as a share of GDP rose to 3.60% in 2023 from 3.47% in 2022. The reading remains below the all-time high of 3.87% recorded in 2001, while staying above the series low of 3.12% from 2014. Data are available from 1997 onward.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.6% | 3.5% | 3.9%Dec 2001 | 3.1%Dec 2014 | 1997 – 2023 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 4.9% | 5.0% | 17.7% | 4.9% | Dec 2024 | Annual |
| High-Tech Exports | 17.7% | 17.6% | 19.4% | 13.9% | Dec 2024 | Annual |
About this series
R&D Expenditure in Sweden averaged 3.4% from 1997 until 2023, reaching an all-time high of 3.9% in Dec 2001 and a record low of 3.1% in Dec 2014. The series is reported yearly with history from 1997.
Research and development expenditure as a percentage of GDP measures gross domestic spending on R&D activities, including current and capital expenditures. The indicator is reported annually for Sweden, expressed as a share of the country's gross domestic product. The series spans from 1997 to 2023.
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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