Latest Updates

• OECD R&D Spending: March 2026 Update 2026-03-31 05:00

  
• OECD R&D Spending: March 2025 Update 2025-03-31 05:00
  

  Research and experimental development (R&D) expenditure in the OECD area grew by 2.4% in inflation-adjusted terms in 2023, down from 3.6% in 2022.

  • Business R&D expenditure outpaced other sectors, growing at 2.7% in 2023 and accounted for 74% of total gross domestic expenditure on R&D (GERD) in the OECD area, up from 66% in 2010.
  • R&D in government sector institutions grew by 2.5%, while R&D in the higher education sector saw a more modest increase of 1.7%.
  • R&D intensity in the OECD area remains unchanged at 2.7% since 2020. R&D intensity is an economy size-adjusted headline measure of domestic expenditure on R&D expressed as a percentage of GDP.
  • Growth in government budget allocations for R&D (GBARD) in the OECD area slowed sharply at 0.6% in 2023, down from 5.5% in 2022.

  Source