Puerto Rico: Research and development expenditure
* indicates monthly or quarterly data series
Puerto Rico |
Research and development expenditure, percent of GDP |
---|---|
Latest value | 0.43 |
Year | 2015 |
Measure | percent |
Data availability | 2009 - 2015 |
Average | 0.44 |
Min - Max | 0.43 - 0.45 |
Source | The United Nations |
The latest value from 2015 is 0.43 percent, a decline from 0.44 percent in 2013. In comparison, the world average is 0.99 percent, based on data from 100 countries. Historically, the average for Puerto Rico from 2009 to 2015 is 0.44 percent. The minimum value, 0.43 percent, was reached in 2015 while the maximum of 0.45 percent was recorded in 2009.
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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 | Reference | Measure |
---|---|---|---|
Research and development expenditure | 0.43 | 2015 | percent |