Latvia - Research and development expenditure as a share of GDP

0.7 (%) in 2021

In 2021, R&D expenditure for Latvia was 0.7 %. Though Latvia R&D expenditure fluctuated substantially in recent years, it tended to increase through 2002 - 2021 period ending at 0.7 % in 2021.

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What is R&D expenditure?

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 Latvia R&D expenditure?