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R&D expenditure as a share of GDP

(%)

Israel is the top country by R&D expenditure as a share of GDP in the world. As of 2015, R&D expenditure as a share of GDP in Israel was 4.3 %. The top 5 countries also includes Republic of Korea, Japan, Sweden, and Austria.

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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.