Nicaragua: Research and development expenditure

* indicates monthly or quarterly data series

Research and development expenditure, percent of GDP

 Latest value 0.11
 Year 2015
 Measure percent
 Data availability 1997 - 2015
 Average 0.08
 Min - Max 0.03 - 0.11
 Source The United Nations
For that indicator, we provide data for Nicaragua from 1997 to 2015. The average value for Nicaragua during that period was 0.08 percent with a minimum of 0.03 percent in 2002 and a maximum of 0.11 percent in 2015. The latest value from 2015 is 0.11 percent. For comparison, the world average in 2015 based on 100 countries is 0.99 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
Nicaragua - Research and development expenditure - recent values

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.

 Related indicators Latest value Reference Measure
 Innovation index 22.50 2019 points
 Research and development expenditure 0.11 2015 percent
 Information technology exports 0.04 2021 percent
 High tech exports 37.24 2022 million U.S. dollars
 High tech exports, percent of manufactured exports 1.26 2022 percent
 Patent applications by residents 1 2014 patent applications
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