Latvia vs Serbia: Research & development spending as a share of GDP

Latvia
0.8%
in 2023
Serbia
0.9%
in 2024
Latvia rank
45th
Serbia rank
42nd

Research & development spending as a share of GDP over time

  • Latvia
  • Serbia
0.20.40.60.81199620102024

How they compare

Serbia currently reports 0.9% against 0.8% in Latvia, a difference of 0.1%.

That makes Serbia's figure about 1.1 times Latvia's.

The two have swapped places 8 times across 27 shared years of data; in 1997 it was Serbia ahead.

Latvia ranks 45th and Serbia ranks 42nd of 116 countries.

Serbia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Serbia Difference Ahead
1990s 0.4% 0.7% 0.4% Serbia
2000s 0.5% 0.5% 0.0% Serbia
2010s 0.6% 0.8% 0.1% Serbia
2020s 0.8% 0.9% 0.1% Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher research & development spending as a share of gdp, Latvia or Serbia?
Serbia, at 0.9% against 0.8% in Latvia as of 2024.
What is the difference in research & development spending as a share of gdp between Latvia and Serbia?
0.1%, with Serbia ahead.
How many years of comparable data are there for Latvia and Serbia?
27 years are reported by both, from 1997 to 2023.
How do Latvia and Serbia rank globally for research & development spending as a share of gdp?
Latvia ranks 45th and Serbia ranks 42nd of 116 countries.
Where does this data come from?
UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data, published as Research & development spending as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Research & development spending as a share of GDP
Unit
% of GDP
Source
UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
116 places, 2,375 data points, 1996–2024
Last refreshed

Includes basic research, applied research, and experimental development.