{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"research-spending-gdp","source":"UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/research-spending-gdp","title":"Research & development spending as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1997-01-01","value":0.18692},{"date":"1998-01-01","value":0.22601},{"date":"1999-01-01","value":0.214},{"date":"2000-01-01","value":0.19106},{"date":"2001-01-01","value":0.27987},{"date":"2002-01-01","value":0.25255},{"date":"2003-01-01","value":0.32109},{"date":"2004-01-01","value":0.25659},{"date":"2005-01-01","value":0.25761},{"date":"2006-01-01","value":0.24057},{"date":"2007-01-01","value":0.21107},{"date":"2008-01-01","value":0.22438},{"date":"2009-01-01","value":0.29093},{"date":"2010-01-01","value":0.24139},{"date":"2011-01-01","value":0.27014},{"date":"2012-01-01","value":0.23853},{"date":"2013-01-01","value":0.22216},{"date":"2014-01-01","value":0.24151},{"date":"2015-01-01","value":0.25002},{"date":"2016-01-01","value":0.23305},{"date":"2017-01-01","value":0.22788},{"date":"2018-01-01","value":0.18876},{"date":"2019-01-01","value":0.17854},{"date":"2020-01-01","value":0.2092},{"date":"2021-01-01","value":0.20557},{"date":"2022-01-01","value":0.20955},{"date":"2023-01-01","value":0.1821},{"date":"2024-01-01","value":0.2861}],"summary":{"latest_period":"2024-01-01","latest_value":0.2861,"max":0.32109,"mean":0.23347,"min":0.17854,"of":116,"rank":77,"trend":"falling"}}