Bermuda: Research and development expenditure

* indicates monthly or quarterly data series
 Bermuda

Research and development expenditure, percent of GDP

 Latest value 0.23
 Year 2020
 Measure percent
 Data availability 1997 - 2020
 Average 0.20
 Min - Max 0.06 - 0.26
 Source The United Nations
For that indicator, we provide data for Bermuda from 1997 to 2020. The average value for Bermuda during that period was 0.2 percent with a minimum of 0.06 percent in 1997 and a maximum of 0.26 percent in 2011. The latest value from 2020 is 0.23 percent. For comparison, the world average in 2020 based on 84 countries is 1.19 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Bermuda - Research and development expenditure - Recent values chart

Historical chart
Bermuda - Research and development expenditure - historical chart - 1997-2020




The expenditure for R&D on the charts includes both private and public spending on research and development.
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.

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 Related indicators Latest value Reference Measure
 Research and development expenditure 0.23 2020 percent
 Information technology exports 4.53 2021 percent
 High tech exports 1.25 2022 million U.S. dollars
 High tech exports, percent of manufactured exports 12.54 2022 percent
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