Panama vs Peru: Research & development spending as a share of GDP
Panama
0.2%
in 2024
Peru
0.2%
in 2023
Panama rank
92nd
Peru rank
93rd
Research & development spending as a share of GDP 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 & development spending as a share of gdp, Panama or Peru?
- Panama, at 0.2% against 0.2% in Peru as of 2024.
- What is the difference in research & development spending as a share of gdp 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 & development spending as a share of gdp?
- Panama ranks 92nd and Peru ranks 93rd 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
Includes basic research, applied research, and experimental development.