GERD as a percentage of GDP in MDG: Developing Regions

MDG: Developing Regions: GERD as a percentage of GDP was 1.4% in 2023. β–² Rising

Latest (2023)
1.4%
Change on year
up 2.0%
Rank
20th
of 51 groups
All-time high
1.4%
in 2023
All-time low
0.5%
in 1996
Years of data
28
1996–2023

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

00.511.51996200920231996: 0.5491997: 0.5741998: 0.5761999: 0.6092000: 0.6392001: 0.6642002: 0.6912003: 0.7172004: 0.7452005: 0.7912006: 0.8142007: 0.8452008: 0.8892009: 0.9662010: 0.9882011: 12012: 1.12013: 1.12014: 1.12015: 1.22016: 1.22017: 1.22018: 1.22019: 1.32020: 1.42021: 1.42022: 1.42023: 1.4

Source: UNESCO Institute for Statistics.

Analysis

In 2023, gerd as a percentage of gdp in MDG: Developing Regions stood at 1.4%. That is the highest value across all 28 years on record.

That represents a change of up 2.0% on the previous year and up 28.6% over ten years.

Over the whole period, gerd as a percentage of gdp in MDG: Developing Regions peaked at 1.4% in 2023 and was at its lowest, 0.5%, in 1996.

That places MDG: Developing Regions 20th out of 51 groups with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6% 0.5% 0.6% 4
2000s 0.8% 0.6% 1.0% 10
2010s 1.1% 1.0% 1.3% 10
2020s 1.4% 1.4% 1.4% 4

Countries ranked near MDG: Developing Regions

  1. 17 Slovenia 2.1% compare
  2. 18 Australia 1.9% compare
  3. 19 Norway 1.9% compare
  4. 20 Estonia 1.8% compare
  5. 21 Czechia 1.8% compare
  6. 22 Singapore 1.8% compare
  7. 23 Canada 1.8% compare

See the full ranking of 166 places β†’

More science & technology data for MDG: Developing Regions

All data for MDG: Developing Regions β†’

Frequently asked questions

What is gerd as a percentage of gdp in MDG: Developing Regions?
Gerd as a percentage of gdp in MDG: Developing Regions was 1.4% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in MDG: Developing Regions?
The highest recorded value was 1.4% in 2023.
What is the lowest gerd as a percentage of gdp recorded in MDG: Developing Regions?
The lowest recorded value was 0.5% in 1996.
How does MDG: Developing Regions rank for gerd as a percentage of gdp?
MDG: Developing Regions ranks 20th out of 51 groups with data for 2023.
Is gerd as a percentage of gdp rising or falling in MDG: Developing Regions?
Over the last ten years it is up 28.6%. The long-run trend across the full record is rising.
Where does this MDG: Developing 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: Developing Regions. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/mdg-developing-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