GERD as a percentage of GDP in UIS: North America and Western Europe

UIS: North America and Western Europe: GERD as a percentage of GDP was 2.9% in 2023. ▲ Rising

Latest (2023)
2.9%
Change on year
up 0.3%
Rank
3rd
of 50 groups
All-time high
2.9%
in 2020
All-time low
2.1%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in UIS: North America and Western Europe, 1996–2023

01231996200920231996: 2.11997: 2.11998: 2.21999: 2.22000: 2.32001: 2.32002: 2.32003: 2.32004: 2.22005: 2.22006: 2.32007: 2.32008: 2.42009: 2.42010: 2.42011: 2.42012: 2.42013: 2.42014: 2.52015: 2.52016: 2.52017: 2.62018: 2.62019: 2.72020: 2.92021: 2.92022: 2.92023: 2.9

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in UIS: North America and Western Europe is 2.9%, measured in 2023.

The figure is up 0.3% on the previous year and up 19.3% over ten years.

Over the whole period, gerd as a percentage of gdp in UIS: North America and Western Europe peaked at 2.9% in 2020 and was at its lowest, 2.1%, in 1996.

That places UIS: North America and Western Europe 3rd out of 50 groups with data for 2023, putting it in the top 10%.

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

GERD as a percentage of GDP in UIS: North America and Western Europe, year by year

Annual values for GERD as a percentage of GDP in UIS: North America and Western Europe, 1996 to 2023.
Year Value Change
1996 2.1%
1997 2.1% +0.8%
1998 2.2% +0.9%
1999 2.2% +2.7%
2000 2.3% +2.5%
2001 2.3% +1.0%
2002 2.3% -1.5%
2003 2.3% -0.0%
2004 2.2% -1.7%
2005 2.2% +0.5%
2006 2.3% +1.3%
2007 2.3% +1.8%
2008 2.4% +3.9%
2009 2.4% +2.8%
2010 2.4% -1.8%
2011 2.4% +1.1%
2012 2.4% -0.6%
2013 2.4% +0.9%
2014 2.5% +0.8%
2015 2.5% +1.5%
2016 2.5% +1.5%
2017 2.6% +1.4%
2018 2.6% +2.7%
2019 2.7% +3.2%
2020 2.9% +7.3%
2021 2.9% -0.1%
2022 2.9% -0.5%
2023 2.9% +0.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.2% 2.1% 2.2% 4
2000s 2.3% 2.2% 2.4% 10
2010s 2.5% 2.4% 2.7% 10
2020s 2.9% 2.9% 2.9% 4

Countries ranked near UIS: North America and Western Europe

  1. 1 Israel 6.3% compare
  2. 2 Republic of Korea 4.9% compare
  3. 3 Sweden 3.6% compare
  4. 4 United States of America 3.4% compare
  5. 5 Japan 3.4% compare
  6. 6 Belgium 3.3% compare

See the full ranking of 166 places →

More science & technology data for UIS: North America and Western Europe

All data for UIS: North America and Western Europe →

Frequently asked questions

What is gerd as a percentage of gdp in UIS: North America and Western Europe?
Gerd as a percentage of gdp in UIS: North America and Western Europe was 2.9% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in UIS: North America and Western Europe?
The highest recorded value was 2.9% in 2020.
What is the lowest gerd as a percentage of gdp recorded in UIS: North America and Western Europe?
The lowest recorded value was 2.1% in 1996.
How does UIS: North America and Western Europe rank for gerd as a percentage of gdp?
UIS: North America and Western Europe ranks 3rd out of 50 groups with data for 2023.
Is gerd as a percentage of gdp rising or falling in UIS: North America and Western Europe?
Over the last ten years it is up 19.3%. The long-run trend across the full record is rising.
Where does this UIS: North America and Western Europe 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 UIS: North America and Western Europe. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 September 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/uis-north-america-and-western-europe/

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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