GERD as a percentage of GDP in MDG: Developed Regions

MDG: Developed Regions: GERD as a percentage of GDP was 2.6% in 2023. ▲ Rising

Latest (2023)
2.6%
Change on year
up 0.3%
Rank
6th
of 50 groups
All-time high
2.6%
in 2020
All-time low
2.1%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in MDG: Developed Regions, 1996–2023

01231996200920231996: 2.11997: 2.11998: 2.11999: 2.22000: 2.22001: 2.22002: 2.22003: 2.22004: 2.22005: 2.22006: 2.22007: 2.22008: 2.32009: 2.32010: 2.32011: 2.32012: 2.32013: 2.32014: 2.32015: 2.42016: 2.42017: 2.42018: 2.42019: 2.52020: 2.62021: 2.62022: 2.62023: 2.6

Source: UNESCO Institute for Statistics.

Analysis

In 2023, gerd as a percentage of gdp in MDG: Developed Regions stood at 2.6%.

The figure is up 0.3% on the previous year and up 13.9% over ten years.

Over the whole period, gerd as a percentage of gdp in MDG: Developed Regions peaked at 2.6% in 2020 and was at its lowest, 2.1%, in 1996.

MDG: Developed Regions ranks 6th of 50 groups on this measure, in the top quarter.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in MDG: Developed Regions, year by year

Annual values for GERD as a percentage of GDP in MDG: Developed Regions, 1996 to 2023.
Year Value Change
1996 2.1%
1997 2.1% +1.2%
1998 2.1% +1.1%
1999 2.2% +2.2%
2000 2.2% +2.0%
2001 2.2% +1.2%
2002 2.2% -1.1%
2003 2.2% -0.1%
2004 2.2% -1.9%
2005 2.2% +0.9%
2006 2.2% +0.9%
2007 2.2% +1.5%
2008 2.3% +2.0%
2009 2.3% +2.4%
2010 2.3% -2.2%
2011 2.3% +0.5%
2012 2.3% -0.5%
2013 2.3% +1.0%
2014 2.3% +1.1%
2015 2.4% +1.1%
2016 2.4% +0.2%
2017 2.4% +1.2%
2018 2.4% +1.8%
2019 2.5% +2.3%
2020 2.6% +5.9%
2021 2.6% -1.0%
2022 2.6% +0.3%
2023 2.6% +0.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.1% 2.1% 2.2% 4
2000s 2.2% 2.2% 2.3% 10
2010s 2.3% 2.3% 2.5% 10
2020s 2.6% 2.6% 2.6% 4

Countries ranked near MDG: Developed Regions

  1. 3 Sweden 3.6% compare
  2. 4 United States of America 3.4% compare
  3. 5 Japan 3.4% compare
  4. 6 Belgium 3.3% compare
  5. 7 Austria 3.3% compare
  6. 8 Switzerland 3.2% compare
  7. 9 Germany 3.2% compare

See the full ranking of 166 places →

More science & technology data for MDG: Developed Regions

All data for MDG: Developed Regions →

Frequently asked questions

What is gerd as a percentage of gdp in MDG: Developed Regions?
Gerd as a percentage of gdp in MDG: Developed Regions was 2.6% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in MDG: Developed Regions?
The highest recorded value was 2.6% in 2020.
What is the lowest gerd as a percentage of gdp recorded in MDG: Developed Regions?
The lowest recorded value was 2.1% in 1996.
How does MDG: Developed Regions rank for gerd as a percentage of gdp?
MDG: Developed Regions ranks 6th out of 50 groups with data for 2023.
Is gerd as a percentage of gdp rising or falling in MDG: Developed Regions?
Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
Where does this MDG: Developed Regions data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in MDG: Developed Regions. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 24 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/mdg-developed-regions/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release