GERD as a percentage of GDP in MDG: Latin America and the Caribbean
MDG: Latin America and the Caribbean: GERD as a percentage of GDP was 0.6% in 2023. ▲ Rising
GERD as a percentage of GDP in MDG: Latin America and the Caribbean, 1996–2023
Source: UNESCO Institute for Statistics.
Analysis
MDG: Latin America and the Caribbean recorded 0.6% for gerd as a percentage of gdp in 2023.
That represents a change of up 1.3% on the previous year and down 10.3% over ten years.
Over the whole period, gerd as a percentage of gdp in MDG: Latin America and the Caribbean peaked at 0.7% in 2015 and was at its lowest, 0.5%, in 1996.
That places MDG: Latin America and the Caribbean 36th out of 50 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.
GERD as a percentage of GDP in MDG: Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.5% | — |
| 1997 | 0.5% | +0.6% |
| 1998 | 0.5% | -0.0% |
| 1999 | 0.5% | +2.6% |
| 2000 | 0.5% | -2.1% |
| 2001 | 0.5% | +2.2% |
| 2002 | 0.5% | -1.2% |
| 2003 | 0.5% | +1.3% |
| 2004 | 0.5% | -2.4% |
| 2005 | 0.5% | +2.5% |
| 2006 | 0.5% | -2.0% |
| 2007 | 0.6% | +6.0% |
| 2008 | 0.6% | +6.5% |
| 2009 | 0.6% | +3.7% |
| 2010 | 0.6% | +2.4% |
| 2011 | 0.6% | -4.3% |
| 2012 | 0.6% | -1.2% |
| 2013 | 0.6% | +5.3% |
| 2014 | 0.7% | +3.8% |
| 2015 | 0.7% | +0.0% |
| 2016 | 0.6% | -8.1% |
| 2017 | 0.6% | -6.5% |
| 2018 | 0.6% | +1.5% |
| 2019 | 0.6% | -0.7% |
| 2020 | 0.6% | +7.0% |
| 2021 | 0.5% | -10.8% |
| 2022 | 0.6% | +3.2% |
| 2023 | 0.6% | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.5% | 0.5% | 4 |
| 2000s | 0.6% | 0.5% | 0.6% | 10 |
| 2010s | 0.6% | 0.6% | 0.7% | 10 |
| 2020s | 0.6% | 0.5% | 0.6% | 4 |
Countries ranked near MDG: Latin America and the Caribbean
More science & technology data for MDG: Latin America and the Caribbean
- Researchers per million inhabitants 668.04 FTE (2023)
Frequently asked questions
- What is gerd as a percentage of gdp in MDG: Latin America and the Caribbean?
- Gerd as a percentage of gdp in MDG: Latin America and the Caribbean was 0.6% in 2023, according to UNESCO Institute for Statistics.
- What is the highest gerd as a percentage of gdp recorded in MDG: Latin America and the Caribbean?
- The highest recorded value was 0.7% in 2015.
- What is the lowest gerd as a percentage of gdp recorded in MDG: Latin America and the Caribbean?
- The lowest recorded value was 0.5% in 1996.
- How does MDG: Latin America and the Caribbean rank for gerd as a percentage of gdp?
- MDG: Latin America and the Caribbean ranks 36th out of 50 groups with data for 2023.
- Is gerd as a percentage of gdp rising or falling in MDG: Latin America and the Caribbean?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is rising.
- Where does this MDG: Latin America and the Caribbean 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.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release