{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":0.67058},{"date":"1998-01-01","value":0.69758},{"date":"1999-01-01","value":0.87925},{"date":"2000-01-01","value":0.80171},{"date":"2001-01-01","value":0.28973},{"date":"2002-01-01","value":0.6108},{"date":"2003-01-01","value":0.46825},{"date":"2004-01-01","value":0.28194},{"date":"2005-01-01","value":0.38621},{"date":"2006-01-01","value":0.42907},{"date":"2007-01-01","value":0.55664},{"date":"2008-01-01","value":0.64463},{"date":"2009-01-01","value":0.78609},{"date":"2010-01-01","value":0.67458},{"date":"2011-01-01","value":0.65677},{"date":"2012-01-01","value":0.81922},{"date":"2013-01-01","value":0.65574},{"date":"2014-01-01","value":0.69287},{"date":"2015-01-01","value":0.77867},{"date":"2016-01-01","value":0.80779},{"date":"2017-01-01","value":0.83834},{"date":"2018-01-01","value":0.88154},{"date":"2019-01-01","value":0.84798},{"date":"2020-01-01","value":0.86478},{"date":"2021-01-01","value":0.94784},{"date":"2022-01-01","value":0.91938},{"date":"2023-01-01","value":0.87816},{"date":"2024-01-01","value":0.93978}],"summary":{"latest_period":"2024-01-01","latest_value":0.93978,"max":0.94784,"mean":0.703783,"min":0.28194,"of":116,"rank":42,"trend":"rising"}}