R&D Expenditures (As % of GDP) fell to 1.29% in Italy in 2016

R&D Expenditures (As % of GDP) (%)
Telcos & Hi-Tech | Italy | May 17, 2019
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Excel Sheet

R&D expenditures as a percentage of GDP reached 1.29 % in 2016 in Italy, according to World Bank. This is 4.11 % less than in the previous year.

Historically, R&D expenditures as a percentage of GDP in Italy reached an all time high of 1.34 % in 2014 and an all time low of 0.948 % in 1996. When compared to Italy's main peers, R&D expenditures as a percentage of GDP in Austria amounted to 3.09 %, 2.25 % in France and 2.00 % in Slovenia in 2016.

Italy has been ranked 22nd within the group of 80 countries we follow in terms of R&D expenditures as a percentage of GDP, 7 places above the position seen 10 years ago.

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 Expenditures (As % of GDP) Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016
Austria % 2.73% 2.67% 2.91% 2.95% 3.07%
Belgium % 2.05% 2.16% 2.27% 2.33% 2.39%
Croatia % 0.743% 0.751% 0.750% 0.811% 0.783%
France % 2.18% 2.19% 2.23% 2.24% 2.28%
Germany % 2.71% 2.80% 2.87% 2.82% 2.87%
Hungary % 1.14% 1.19% 1.26% 1.39% 1.35%
Italy % 1.22% 1.21% 1.27% 1.31% 1.34%
Slovenia % 2.06% 2.42% 2.57% 2.58% 2.37%
Spain % 1.35% 1.33% 1.29% 1.27% 1.24%
Switzerland % ... ... ... 3.19% ... ... ...