{"entity":{"iso2":"CY","iso3":"CYP","name":"Cyprus","slug":"cyprus"},"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":"1998-01-01","value":0.20331},{"date":"1999-01-01","value":0.21806},{"date":"2000-01-01","value":0.2269},{"date":"2001-01-01","value":0.23694},{"date":"2002-01-01","value":0.27967},{"date":"2003-01-01","value":0.31834},{"date":"2004-01-01","value":0.33564},{"date":"2005-01-01","value":0.36727},{"date":"2006-01-01","value":0.38346},{"date":"2007-01-01","value":0.40007},{"date":"2008-01-01","value":0.38594},{"date":"2009-01-01","value":0.44437},{"date":"2010-01-01","value":0.44292},{"date":"2011-01-01","value":0.45263},{"date":"2012-01-01","value":0.43765},{"date":"2013-01-01","value":0.48485},{"date":"2014-01-01","value":0.51205},{"date":"2015-01-01","value":0.47529},{"date":"2016-01-01","value":0.5197},{"date":"2017-01-01","value":0.54259},{"date":"2018-01-01","value":0.61032},{"date":"2019-01-01","value":0.70269},{"date":"2020-01-01","value":0.82581},{"date":"2021-01-01","value":0.77686},{"date":"2022-01-01","value":0.70468},{"date":"2023-01-01","value":0.68145}],"summary":{"latest_period":"2023-01-01","latest_value":0.68145,"max":0.82581,"mean":0.460364,"min":0.20331,"of":116,"rank":51,"trend":"rising"}}