{"entity":{"iso2":"TT","iso3":"TTO","name":"Trinidad and Tobago","slug":"trinidad-and-tobago"},"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":0.10325},{"date":"1997-01-01","value":0.11553},{"date":"1998-01-01","value":0.12715},{"date":"1999-01-01","value":0.12292},{"date":"2000-01-01","value":0.108},{"date":"2001-01-01","value":0.10417},{"date":"2002-01-01","value":0.13178},{"date":"2003-01-01","value":0.11501},{"date":"2004-01-01","value":0.11441},{"date":"2005-01-01","value":0.11431},{"date":"2006-01-01","value":0.07233},{"date":"2007-01-01","value":0.05922},{"date":"2008-01-01","value":0.03072},{"date":"2009-01-01","value":0.05665},{"date":"2010-01-01","value":0.04771},{"date":"2011-01-01","value":0.04024},{"date":"2012-01-01","value":0.04155},{"date":"2013-01-01","value":0.0541},{"date":"2014-01-01","value":0.07657},{"date":"2015-01-01","value":0.08051},{"date":"2016-01-01","value":0.08662},{"date":"2017-01-01","value":0.08587},{"date":"2018-01-01","value":0.08371},{"date":"2019-01-01","value":0.06007},{"date":"2020-01-01","value":0.06455},{"date":"2021-01-01","value":0.05445},{"date":"2022-01-01","value":0.05039}],"summary":{"latest_period":"2022-01-01","latest_value":0.05039,"max":0.13178,"mean":0.0815478,"min":0.03072,"of":116,"rank":111,"trend":"falling"}}