R&D Expenditures (As % of GDP) rose to 0.320% in Georgia in 2015

R&D Expenditures (As % of GDP) (%)
Telcos & Hi-Tech | Georgia | December 31, 2018
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Excel Sheet

R&D expenditures as a percentage of GDP reached 0.320 % in 2015 in Georgia, according to World Bank. This is 73.3 % more than in the previous year.

Historically, R&D expenditures as a percentage of GDP in Georgia reached an all time high of 0.354 % in 1998 and an all time low of 0.084 % in 2013. When compared to Georgia's main peers, R&D expenditures as a percentage of GDP in Armenia amounted to 0.251 %, 0.222 % in Azerbaijan and 1.13 % in Russia in 2015.

Georgia has been ranked 56th within the group of 75 countries we follow in terms of R&D expenditures as a percentage of GDP, 19 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 2009 2010 2011 2012 2013 2014 2015 2016 2017
Armenia % 0.270% 0.239% 0.222% 0.242% 0.250%
Azerbaijan % 0.211% 0.214% 0.210% 0.210% 0.222%
Bulgaria % 0.532% 0.605% 0.635% 0.795% 0.960% ...
China % 1.78% 1.91% 1.99% 2.02% 2.06% ...
Georgia % ... ... ... ... 0.084% 0.185% 0.320% ...
Germany % 2.80% 2.87% 2.82% 2.87% 2.92% ...
Greece % 0.672% 0.700% 0.811% 0.833% 0.966% ...
Iran % ... 0.317% 0.253% ... ... ... ...
Iraq % 0.035% ... ... 0.037% 0.037%
Japan % 3.24% 3.21% 3.31% 3.40% 3.28% ...
Russia % 1.01% 1.03% 1.03% 1.07% 1.10% ...
Turkey % 0.800% 0.832% 0.818% 0.861% 0.882% ... ...
USA % 2.77% 2.69% 2.72% 2.73% 2.74% ...