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 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.

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: 07 August 2026

Includes basic research, applied research, and experimental development.