Research and development expenditure in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Research and development expenditure was 0.3% in 2014. ▲ Rising
Research and development expenditure in Venezuela, Bolivarian Republic of, 2005–2014
Source: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 0.3% for research and development expenditure in 2014. That is the highest value across all 10 years on record.
That represents a change of up 5.8% on the previous year and up 78.3% over ten years.
Over the whole period, research and development expenditure in Venezuela, Bolivarian Republic of peaked at 0.3% in 2014 and was at its lowest, 0.2%, in 2011.
Venezuela, Bolivarian Republic of ranks 73rd of 116 countries on this measure, in the middle of the range.
Research and development expenditure in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 0.2% | — |
| 2006 | 0.3% | +67.9% |
| 2007 | 0.2% | -36.6% |
| 2008 | 0.2% | +18.4% |
| 2009 | 0.2% | +0.9% |
| 2010 | 0.2% | -21.6% |
| 2011 | 0.2% | -18.7% |
| 2012 | 0.3% | +63.5% |
| 2013 | 0.3% | +27.4% |
| 2014 | 0.3% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.3% | 5 |
| 2010s | 0.2% | 0.2% | 0.3% | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 70 Ukraine 0.4% compare
- 71 Montenegro 0.4% compare
- 72 Costa Rica 0.3% compare
- 74 Macau, China 0.3% compare
- 75 Mozambique 0.3% compare
- 76 Colombia 0.3% compare
More science & technology data for Venezuela, Bolivarian Republic of
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 71.01 (2024)
- Mobile cellular subscriptions by country, per capita 0.7101 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 20.17 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 22.53 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 1.12 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 1.5 % change on previous year (2024)
- Scientific and technical journal articles 474.63 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is research and development expenditure in Venezuela, Bolivarian Republic of?
- Research and development expenditure in Venezuela, Bolivarian Republic of was 0.3% in 2014, according to Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO).
- What is the highest research and development expenditure recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.3% in 2014.
- What is the lowest research and development expenditure recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.2% in 2011.
- How does Venezuela, Bolivarian Republic of rank for research and development expenditure?
- Venezuela, Bolivarian Republic of ranks 73rd out of 116 countries with data for 2014.
- Is research and development expenditure rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 78.3%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of 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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About this data
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.