R&D spending share of GDP in Faroe Islands
Spending on research and development in Faroe Islands was equal to 0.85% of GDP in 2003.
The latest value for Faroe Islands is for 2003. Most countries have figures for 2023.
Faroe Islands, 2003
0.85%
World, 2003
2.02%
R&D spending share of GDP in Faroe Islands over time
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Faroe Islands
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Faroe Islands | World |
|---|---|---|
| 2023 | – | 2.60% |
| 2022 | – | 2.57% |
| 2021 | – | 2.52% |
| 2020 | – | 2.46% |
| 2019 | – | 2.26% |
| 2018 | – | 2.22% |
| 2017 | – | 2.14% |
| 2016 | – | 2.15% |
| 2015 | – | 2.10% |
| 2014 | – | 2.09% |
| 2013 | – | 1.98% |
| 2012 | – | 2.01% |
| 2011 | – | 1.98% |
| 2010 | – | 2.00% |
| 2009 | – | 2.01% |
| 2008 | – | 1.98% |
| 2007 | – | 1.92% |
| 2006 | – | 1.96% |
| 2005 | – | 1.95% |
| 2004 | – | 1.97% |
| 2003 | 0.85% | 2.02% |
| 2002 | – | 2.03% |
| 2001 | – | 2.06% |
| 2000 | – | 2.05% |
A dash means no value was published for that period.
In short
- The figure for the world in 2003 was 2.02%.