R&D spending share of GDP in Cyprus

Spending on research and development in Cyprus was equal to 0.68% of GDP in 2023.

Measure: Research and development expenditure (UNESCO) Unit: % of GDP Data: 1998 to 2023 Source: World Bank
Cyprus, 2023 0.68% % of GDP
Change from 2022 −0.02percentage points 2022: 0.70%
European Union, 2023 2.26% Official aggregate
Median of European Union (27 countries), 2023 1.56% Middle value of 27 countries
Position in 2023 47th of 84 See the full ranking

R&D spending share of GDP in Cyprus over time

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Cyprus European Union ×

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Research and development expenditure (UNESCO) (% of GDP), 2000 to 2023
Period CyprusEuropean Union
2023 0.68% 2.26%
2022 0.70% 2.23%
2021 0.78% 2.24%
2020 0.83% 2.28%
2019 0.70% 2.21%
2018 0.61% 2.17%
2017 0.54% 2.14%
2016 0.52% 2.10%
2015 0.48% 2.10%
2014 0.51% 2.10%
2013 0.48% 2.08%
2012 0.44% 2.06%
2011 0.45% 2.00%
2010 0.44% 1.96%
2009 0.44% 1.96%
2008 0.39% 1.87%
2007 0.40% 1.79%
2006 0.38% 1.80%
2005 0.37% 1.78%
2004 0.34% 1.79%
2003 0.32% 1.82%
2002 0.28% 1.79%
2001 0.24% 1.82%
2000 0.23% 1.76%

A dash means no value was published for that period.

In short

  • That is a change of −0.02 percentage points from 0.70% in 2022.
  • Since 2013, when it was 0.48%, the figure has changed by +0.20 percentage points.
  • Among the 84 countries with data for 2023, Cyprus has the 47th highest value.
  • The figure for the European Union in 2023 was 2.26%.

Source and dates

Original producer
UNESCO Institute for Statistics
Distributed by
World Bank, World Development Indicators
Dataset or series code
GB.XPD.RSDV.GD.ZS · dataset details · view at source
Observation period
1998 to 2023 for Cyprus
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: UNESCO Institute for Statistics