{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":"1996-01-01","value":0.40892},{"date":"1997-01-01","value":0.37657},{"date":"1998-01-01","value":0.38967},{"date":"1999-01-01","value":0.3619},{"date":"2000-01-01","value":0.4459},{"date":"2001-01-01","value":0.41106},{"date":"2002-01-01","value":0.42203},{"date":"2003-01-01","value":0.37616},{"date":"2004-01-01","value":0.41593},{"date":"2005-01-01","value":0.54958},{"date":"2006-01-01","value":0.68285},{"date":"2007-01-01","value":0.58167},{"date":"2008-01-01","value":0.60627},{"date":"2009-01-01","value":0.46114},{"date":"2010-01-01","value":0.6183},{"date":"2011-01-01","value":0.73982},{"date":"2012-01-01","value":0.68884},{"date":"2013-01-01","value":0.63536},{"date":"2014-01-01","value":0.71433},{"date":"2015-01-01","value":0.641},{"date":"2016-01-01","value":0.45065},{"date":"2017-01-01","value":0.53004},{"date":"2018-01-01","value":0.66138},{"date":"2019-01-01","value":0.6602},{"date":"2020-01-01","value":0.75663},{"date":"2021-01-01","value":0.77085},{"date":"2022-01-01","value":0.8122},{"date":"2023-01-01","value":0.8236}],"summary":{"latest_period":"2023-01-01","latest_value":0.8236,"max":0.8236,"mean":0.571173,"min":0.3619,"of":116,"rank":45,"trend":"rising"}}