{"entity":{"iso2":"HK","iso3":"HKG","name":"Hong Kong","slug":"hong-kong-sar-china"},"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":0.4283},{"date":"1999-01-01","value":0.45767},{"date":"2000-01-01","value":0.46493},{"date":"2001-01-01","value":0.53645},{"date":"2002-01-01","value":0.58147},{"date":"2003-01-01","value":0.68027},{"date":"2004-01-01","value":0.72176},{"date":"2005-01-01","value":0.77343},{"date":"2006-01-01","value":0.79469},{"date":"2007-01-01","value":0.75161},{"date":"2008-01-01","value":0.71996},{"date":"2009-01-01","value":0.77342},{"date":"2010-01-01","value":0.74946},{"date":"2011-01-01","value":0.72086},{"date":"2012-01-01","value":0.72733},{"date":"2013-01-01","value":0.73017},{"date":"2014-01-01","value":0.74014},{"date":"2015-01-01","value":0.76183},{"date":"2016-01-01","value":0.7915},{"date":"2017-01-01","value":0.83519},{"date":"2018-01-01","value":0.8633},{"date":"2019-01-01","value":0.92557},{"date":"2020-01-01","value":0.99236},{"date":"2021-01-01","value":0.97026},{"date":"2022-01-01","value":1.07293},{"date":"2023-01-01","value":1.10625},{"date":"2024-01-01","value":1.12597}],"summary":{"latest_period":"2024-01-01","latest_value":1.12597,"max":1.12597,"mean":0.770262,"min":0.4283,"of":116,"rank":36,"trend":"rising"}}