New Zealand - Research and development expenditure

Research and development expenditure (% of GDP)

Research and development expenditure (% of GDP) in New Zealand was 1.35 as of 2017. Its highest value over the past 20 years was 1.35 in 2017, while its lowest value was 0.96 in 1999.

Definition: Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.

Source: UNESCO Institute for Statistics (http://uis.unesco.org/)

See also:

Year Value
1997 1.06
1999 0.96
2001 1.10
2003 1.15
2005 1.12
2007 1.16
2009 1.25
2011 1.23
2013 1.15
2015 1.23
2017 1.35

Classification

Topic: Infrastructure Indicators

Sub-Topic: Technology