Latin America & Caribbean vs New Zealand: Research and development expenditure
Research and development expenditure over time
- Latin America & Caribbean
- New Zealand
How they compare
New Zealand currently reports 1.5% against 0.7% in Latin America & Caribbean, a difference of 0.8%.
That makes New Zealand's figure about 2.3 times Latin America & Caribbean's.
Across all 12 years both countries report, New Zealand has been ahead every year.
Latin America & Caribbean ranks 24th and New Zealand ranks 27th of 31 groups.
New Zealand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6% | 1.2% | 0.6% | New Zealand |
| 2010s | 0.7% | 1.3% | 0.6% | New Zealand |
| 2020s | 0.7% | 1.5% | 0.9% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher research and development expenditure, Latin America & Caribbean or New Zealand?
- New Zealand, at 1.5% against 0.7% in Latin America & Caribbean as of 2023.
- What is the difference in research and development expenditure between Latin America & Caribbean and New Zealand?
- 0.8%, with New Zealand ahead.
- How many years of comparable data are there for Latin America & Caribbean and New Zealand?
- 12 years are reported by both, from 2001 to 2023.
- How do Latin America & Caribbean and New Zealand rank globally for research and development expenditure?
- Latin America & Caribbean ranks 24th and New Zealand ranks 27th of 31 groups.
- Where does this data come from?
- Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as Research and development expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.