Research & development spending as a share of GDP in Venezuela
Venezuela: Research & development spending as a share of GDP was 0.3% in 2014. ▲ Rising
Research & development spending as a share of GDP in Venezuela, 2005–2014
Source: UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Venezuela recorded 0.3% for research & development spending as a share of gdp in 2014. That is the highest value across all 10 years on record.
The figure is up 5.8% on the previous year and up 78.3% over ten years.
Over the whole period, research & development spending as a share of gdp in Venezuela peaked at 0.3% in 2014 and was at its lowest, 0.2%, in 2011.
That places Venezuela 73rd out of 116 countries with data for 2014, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.3% | 5 |
| 2010s | 0.2% | 0.2% | 0.3% | 5 |
Countries ranked near Venezuela
- 70 Ukraine 0.4% compare
- 71 Montenegro 0.4% compare
- 72 Costa Rica 0.3% compare
- 74 Macao 0.3% compare
- 75 Mozambique 0.3% compare
- 76 Colombia 0.3% compare
More science & technology data for Venezuela
- Scientific and technical journal articles 474.63 (2023)
- Mobile phone subscriptions 20.17 million (2024)
- Mobile phone subscriptions per 100 people 71.01 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 71.01 per 100 people (2024)
- Patent applications, nonresidents 338 (2017)
- Share of the population using the Internet 76.7% (2024)
- Patent applications, residents 96 (2017)
- Research and development expenditure 0.3% (2014)
- Number of people using the Internet 20.93 million users (2021)
- Landline Internet subscriptions per 100 people 12.94 per 100 people (2024)
Frequently asked questions
- What is research & development spending as a share of gdp in Venezuela?
- Research & development spending as a share of gdp in Venezuela was 0.3% in 2014, 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 Venezuela?
- The highest recorded value was 0.3% in 2014.
- What is the lowest research & development spending as a share of gdp recorded in Venezuela?
- The lowest recorded value was 0.2% in 2011.
- How does Venezuela rank for research & development spending as a share of gdp?
- Venezuela ranks 73rd out of 116 countries with data for 2014.
- Is research & development spending as a share of gdp rising or falling in Venezuela?
- Over the last ten years it is up 78.3%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Includes basic research, applied research, and experimental development.