productivity
R&D Spending (% GDP)
Gross domestic expenditure on R&D as % of GDP
π¨π¦ Canada
1.03%βΌ 0.16
As of 2023-01-01
πΊπΈ United States
2.18%β² 0.97
As of 2022-01-01
Historical Comparison
- Canada
- United States
Why it matters
Canada spends ~1.7% of GDP on R&D vs 3%+ for US, Korea, Israel.
Frequency: annual
Units: percent
Seasonal adj.: N/A
Importance: 7/10