Venezuela - Research and development expenditure

Research and development expenditure (% of GDP)

Research and development expenditure (% of GDP) in Venezuela was 0.337 as of 2014. Its highest value over the past 9 years was 0.337 in 2014, while its lowest value was 0.153 in 2011.

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:

2005
2006
2006
2007
2007
2008
2008
2009
2009
2010
2010
2011
2011
2012
2012
2013
2013
2014
2014
0.000
0.050
0.100
0.150
0.200
0.250
0.300
0.350
0.400
Year Value
2005 0.189
2006 0.317
2007 0.201
2008 0.238
2009 0.240
2010 0.188
2011 0.153
2012 0.250
2013 0.319
2014 0.337

Classification

Topic: Infrastructure Indicators

Sub-Topic: Technology