Gross Domestic Expenditure on R&D
This text shows a figure that compares gross domestic expenditure on R&D as a percentage of GDP for 2007 in European Union countries and other countries.
What is gross domestic expenditure on R&D?
Gross domestic expenditure on R&D (GERD) is the total amount of money spent on research and development in a country.
What is the percentage of GDP that is spent on R&D in different countries?
The percentage of GDP that is spent on R&D varies from country to country. In 2007, the countries that spent the most on R&D as a percentage of GDP were Israel (4.5%), South Korea (4.3%), and Japan (3.5%).
Which countries spend the most on R&D?
The countries that spent the most on R&D as a percentage of GDP in 2007 were:
- Israel (4.5%)
- South Korea (4.3%)
- Japan (3.5%)
- United States (2.8%)
- Germany (2.7%)
The countries that spent the least on R&D as a percentage of GDP in 2007 were:
- Bulgaria (0.5%)
- Romania (0.6%)
- Slovakia (0.7%)
- Latvia (0.8%)
- Lithuania (0.9%)