Seychelles: Research and development expenditure
* indicates monthly or quarterly data series
| Seychelles |
Research and development expenditure, percent of GDP |
|---|---|
| Latest value | 0.22 |
| Year | 2016 |
| Measure | percent |
| Data availability | 2001 - 2016 |
| Average | 0.33 |
| Min - Max | 0.22 - 0.40 |
| Source | The United Nations |
The latest value from 2016 is 0.22 percent, a decline from 0.28 percent in 2005. In comparison, the world average is 1.00 percent, based on data from 90 countries. Historically, the average for the Seychelles from 2001 to 2016 is 0.33 percent. The minimum value, 0.22 percent, was reached in 2016 while the maximum of 0.4 percent was recorded in 2001.
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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 |
|---|---|---|---|
| Innovation index | 36.40 | 2015 | points |
| Research and development expenditure | 0.22 | 2016 | percent |
| Information technology exports | 0.05 | 2021 | percent |
| High tech exports | 0.78 | 2021 | million U.S. dollars |
| High tech exports, percent of manufactured exports | 3.34 | 2021 | percent |
| Patent applications by residents | 3 | 2020 | patent applications |