R&D expenditure (% of GDP) — all countries

R&D expenditure (% of GDP) — Bermuda

R&D expenditure (% of GDP) in Bermuda in 2020 — 0.23%. Ranked 69 in the world out of 87. Since 1997, the indicator has risen by 0.17 pp.

2020 0.23% −0.04 pp vs 2019
World rank 69of 87
Period maximum 0.26%2019
Period minimum 0.06%1997

Trend over time

1997–2020 · % of GDP

R&D expenditure (% of GDP) — Bermuda, 1997–202000.10.20.31997200020032006200920122015201820201997: 0.06%2007: 0.16%2008: 0.17%2009: 0.18%2010: 0.18%2011: 0.26%2012: 0.23%2013: 0.2%2014: 0.19%2015: 0.2%2018: 0.23%2019: 0.26%2020: 0.23%
Change over the period: +0.17 pp Annual average: 0.01 pp

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Bermuda

Bermuda 0.23%
World 2.46%
Northern America computed 3.31%
R&D expenditure (% of GDP) — Bermuda, by year Bermuda All countries CSV XLSX
Year % Change, pp
2020 0.23 −0.04 pp
2019 0.26 +0.04 pp
2018 0.23
2015 0.2 +0 pp
2014 0.19 −0.01 pp
2013 0.2 −0.04 pp
2012 0.23 −0.03 pp
2011 0.26 +0.08 pp
2010 0.18 −0 pp
2009 0.18 +0.01 pp
2008 0.17 +0.01 pp
2007 0.16
1997 0.06

Northern America, 2020

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross domestic expenditure on research and development (R&D) as a percentage of GDP — all current and capital spending by business, government, universities and nonprofit organizations on basic and applied research. The threshold of 3% of GDP is the target adopted in the EU; the leaders (Israel, South Korea) exceed 4.5%.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.