Research and development expenditure in Cyprus

Cyprus: Research and development expenditure was 0.7% in 2023. β–² Rising

Latest (2023)
0.7%
Change on year
down 3.3%
World rank
51st
of 116 countries
All-time high
0.8%
in 2020
All-time low
0.2%
in 1998
Years of data
26
1998–2023

Research and development expenditure in Cyprus, 1998–2023

0.20.40.60.81998201020231998: 0.203 % of GDP1999: 0.218 % of GDP2000: 0.227 % of GDP2001: 0.237 % of GDP2002: 0.28 % of GDP2003: 0.318 % of GDP2004: 0.336 % of GDP2005: 0.367 % of GDP2006: 0.383 % of GDP2007: 0.4 % of GDP2008: 0.386 % of GDP2009: 0.444 % of GDP2010: 0.443 % of GDP2011: 0.453 % of GDP2012: 0.438 % of GDP2013: 0.485 % of GDP2014: 0.512 % of GDP2015: 0.475 % of GDP2016: 0.52 % of GDP2017: 0.543 % of GDP2018: 0.61 % of GDP2019: 0.703 % of GDP2020: 0.826 % of GDP2021: 0.777 % of GDP2022: 0.705 % of GDP2023: 0.681 % of GDP

Source: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP.

Analysis

In 2023, research and development expenditure in Cyprus stood at 0.7%.

That represents a change of down 3.3% on the previous year and up 40.5% over ten years.

Over the whole period, research and development expenditure in Cyprus peaked at 0.8% in 2020 and was at its lowest, 0.2%, in 1998.

That places Cyprus 51st out of 116 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2% 0.2% 0.2% 2
2000s 0.3% 0.2% 0.4% 10
2010s 0.5% 0.4% 0.7% 10
2020s 0.7% 0.7% 0.8% 4

Countries ranked near Cyprus

  1. 48 Tunisia 0.7% compare
  2. 49 Iran, Islamic Republic of 0.7% compare
  3. 50 Uruguay 0.7% compare
  4. 52 Morocco 0.7% compare
  5. 53 Malta 0.6% compare
  6. 54 India 0.6% compare

See the full ranking of 147 places β†’

More science & technology data for Cyprus

All data for Cyprus β†’

Frequently asked questions

What is research and development expenditure in Cyprus?
Research and development expenditure in Cyprus was 0.7% in 2023, according to Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest research and development expenditure recorded in Cyprus?
The highest recorded value was 0.8% in 2020.
What is the lowest research and development expenditure recorded in Cyprus?
The lowest recorded value was 0.2% in 1998.
How does Cyprus rank for research and development expenditure?
Cyprus ranks 51st out of 116 countries with data for 2023.
Is research and development expenditure rising or falling in Cyprus?
Over the last ten years it is up 40.5%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Research and development expenditure (% of GDP). Statizoid updates them automatically from the source API.

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Research and development expenditure in Cyprus. Statizoid, drawing on Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 18 August 2026, from https://science-tech.statizoid.com/stat/research-and-development-expenditure-percent-of-gdp/cyprus/

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About this data

Indicator
Research and development expenditure (% of GDP)
Unit
% of GDP
Source
Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
147 places, 3,092 data points, 1996–2024
Last refreshed

Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.