R&D Expenditures (As % of GDP) rose to 1.38% in Hungary in 2015

R&D Expenditures (As % of GDP) (%)
Telcos & Hi-Tech | Hungary | December 31, 2018
$2.99
Excel Sheet

R&D expenditures as a percentage of GDP reached 1.38 % in 2015 in Hungary, according to World Bank. This is 1.19 % more than in the previous year.

Historically, R&D expenditures as a percentage of GDP in Hungary reached an all time high of 1.40 % in 2013 and an all time low of 0.632 % in 1996. When compared to Hungary's main peers, R&D expenditures as a percentage of GDP in Austria amounted to 3.07 %, 1.95 % in Czech Republic, 1.00 % in Poland and 1.18 % in Slovakia in 2015.

Hungary has been ranked 22nd within the group of 75 countries we follow in terms of R&D expenditures as a percentage of GDP, 11 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
Austria % 2.67% 2.91% 2.95% 3.07% 3.05% ...
Czech Republic % 1.56% 1.78% 1.90% 1.97% 1.93% ...
Germany % 2.80% 2.87% 2.82% 2.87% 2.92% ...
Hungary % 1.19% 1.26% 1.39% 1.35% 1.36% ...
Italy % 1.21% 1.27% 1.31% 1.34% 1.34% ...
Poland % 0.746% 0.881% 0.871% 0.940% 1.00% ...
Russia % 1.01% 1.03% 1.03% 1.07% 1.10% ...
Slovakia % 0.663% 0.805% 0.824% 0.880% 1.18% ...
Switzerland % ... ... ... 3.19% ... ... 3.37% ... ...
Ukraine % 0.738% 0.752% 0.762% 0.650% 0.615%