Colombia - R&D expenditure as a share of GDP

0.3 (%) in 2020

In 2020, R&D expenditure as a share of GDP for Colombia was 0.3 %. Though Colombia R&D expenditure as a share of GDP fluctuated substantially in recent years, it tended to increase through 2001 - 2020 period ending at 0.3 % in 2020.

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What is R&D expenditure as a share of GDP?

Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.

What is Colombia R&D expenditure as a share of GDP?