Panama vs Peru: Research and development expenditure
Panama
0.2%
in 2024
Peru
0.2%
in 2023
Panama rank
92nd
Peru rank
93rd
Research and development expenditure over time
- Panama
- Peru
How they compare
Panama currently reports 0.2% against 0.2% in Peru, a difference of 0.0%.
That makes Panama's figure about 1.1 times Peru's.
The two have swapped places 7 times across 21 shared years of data; in 1997 it was Panama ahead.
Panama ranks 92nd and Peru ranks 93rd of 116 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.3% | 0.1% | 0.2% | Panama |
| 2000s | 0.3% | 0.1% | 0.2% | Panama |
| 2010s | 0.1% | 0.1% | 0.0% | Panama |
| 2020s | 0.2% | 0.2% | 0.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher research and development expenditure, Panama or Peru?
- Panama, at 0.2% against 0.2% in Peru as of 2024.
- What is the difference in research and development expenditure between Panama and Peru?
- 0.0%, with Panama ahead.
- How many years of comparable data are there for Panama and Peru?
- 21 years are reported by both, from 1997 to 2023.
- How do Panama and Peru rank globally for research and development expenditure?
- Panama ranks 92nd and Peru ranks 93rd of 116 countries.
- 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.