R&D spending share of GDP in Venezuela

Spending on research and development in Venezuela was equal to 0.34% of GDP in 2014. The value for 2014 is the highest in the series, which starts in 2005.

Measure: Research and development expenditure (UNESCO) Unit: % of GDP Data: 2005 to 2014 Source: World Bank
The latest value for Venezuela is for 2014. Most countries have figures for 2023.
Venezuela, 2014 0.34% % of GDP
Change from 2013 +0.02percentage points 2013: 0.32%
World, 2014 2.09% Official aggregate

R&D spending share of GDP in Venezuela over time

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Venezuela World ×

% 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 VenezuelaWorld
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 0.34% 2.09%
2013 0.32% 1.98%
2012 0.25% 2.01%
2011 0.15% 1.98%
2010 0.19% 2.00%
2009 0.24% 2.01%
2008 0.24% 1.98%
2007 0.20% 1.92%
2006 0.32% 1.96%
2005 0.19% 1.95%
2004 – 1.97%
2003 – 2.02%
2002 – 2.03%
2001 – 2.06%
2000 – 2.05%

A dash means no value was published for that period.

In short

  • That is a change of +0.02 percentage points from 0.32% in 2013.
  • Since 2005, when it was 0.19%, the figure has changed by +0.15 percentage points.
  • The figure for the world in 2014 was 2.09%.

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
2005 to 2014 for Venezuela
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