Research & development spending as a share of GDP in Cyprus

Cyprus: Research & development spending as a share of GDP was 0.7% in 2023. ▲ 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 & development spending as a share of GDP 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: UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Cyprus recorded 0.7% for research & development spending as a share of gdp in 2023.

Compared with earlier readings it is down 3.3% on the previous year and up 40.5% over ten years.

Over the whole period, research & development spending as a share of gdp in Cyprus peaked at 0.8% in 2020 and was at its lowest, 0.2%, in 1998.

Cyprus ranks 51st of 116 countries on this measure, in the middle of the range.

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

Research & development spending as a share of GDP in Cyprus, year by year

Annual values for Research & development spending as a share of GDP in Cyprus, 1998 to 2023.
Year % of GDP Change
1998 0.2%
1999 0.2% +7.3%
2000 0.2% +4.1%
2001 0.2% +4.4%
2002 0.3% +18.0%
2003 0.3% +13.8%
2004 0.3% +5.4%
2005 0.4% +9.4%
2006 0.4% +4.4%
2007 0.4% +4.3%
2008 0.4% -3.5%
2009 0.4% +15.1%
2010 0.4% -0.3%
2011 0.5% +2.2%
2012 0.4% -3.3%
2013 0.5% +10.8%
2014 0.5% +5.6%
2015 0.5% -7.2%
2016 0.5% +9.3%
2017 0.5% +4.4%
2018 0.6% +12.5%
2019 0.7% +15.1%
2020 0.8% +17.5%
2021 0.8% -5.9%
2022 0.7% -9.3%
2023 0.7% -3.3%

Cyprus compared with similar countries

  • Cyprus's 0.7% is below the median for high income countries, which is 1.5%, 46% of the median. (54 countries reporting)
  • Cyprus's 0.7% is below the median for Europe & Central Asia, which is 1.4%, 49% of the median. (47 countries reporting)

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 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 116 places →

More science & technology data for Cyprus

All data for Cyprus →

Frequently asked questions

What is research & development spending as a share of gdp in Cyprus?
Research & development spending as a share of gdp in Cyprus was 0.7% in 2023, according to UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data.
What is the highest research & development spending as a share of gdp recorded in Cyprus?
The highest recorded value was 0.8% in 2020.
What is the lowest research & development spending as a share of gdp recorded in Cyprus?
The lowest recorded value was 0.2% in 1998.
How does Cyprus rank for research & development spending as a share of gdp?
Cyprus ranks 51st out of 116 countries with data for 2023.
Is research & development spending as a share of gdp 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 UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data, published as part of Research & development spending as a share of GDP. Statizoid updates them automatically from the source API.

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Research & development spending as a share of GDP in Cyprus. Statizoid, drawing on UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data. Retrieved 24 September 2026, from https://science-tech.statizoid.com/stat/research-spending-gdp/cyprus/

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About this data

Indicator
Research & development spending as a share of GDP
Unit
% of GDP
Source
UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
116 places, 2,375 data points, 1996–2024
Last refreshed

Includes basic research, applied research, and experimental development.