Paraguay - Research and development expenditure as a share of GDP

0.2 (%) in 2020

In 2020, R&D expenditure for Paraguay was 0.2 %. R&D expenditure of Paraguay increased from 0.1 % in 2002 to 0.2 % in 2020 growing at an average annual rate of 7.36%.

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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 Paraguay R&D expenditure?