Domestic spending on research and development (R&D) in China has increased significantly as a share of GDP over the last two decades, growing from 0.9 percent in 2000 to 2.4 percent in 2021. Conversely, R&D spending in the U.S. has only seen a small increase over this period, growing from 2.6 percent of GDP in 2000 to 3.5 percent in 2021, the highest share of the eight countries included. Until 2019, Japan had the highest R&D spending ratio of the countries.
Share of Gross Domestic Product (GDP) spent on research and development (R&D) in G7 countries and China from 2000 to 2022, by country
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OECD. (June 22, 2023). Share of Gross Domestic Product (GDP) spent on research and development (R&D) in G7 countries and China from 2000 to 2022, by country [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1102457/research-and-development-spending-share-gdp-g7-countries-china/
OECD. "Share of Gross Domestic Product (GDP) spent on research and development (R&D) in G7 countries and China from 2000 to 2022, by country." Chart. June 22, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1102457/research-and-development-spending-share-gdp-g7-countries-china/
OECD. (2023). Share of Gross Domestic Product (GDP) spent on research and development (R&D) in G7 countries and China from 2000 to 2022, by country. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1102457/research-and-development-spending-share-gdp-g7-countries-china/
OECD. "Share of Gross Domestic Product (Gdp) Spent on Research and Development (R&d) in G7 Countries and China from 2000 to 2022, by Country." Statista, Statista Inc., 22 Jun 2023, https://www.statista.com/statistics/1102457/research-and-development-spending-share-gdp-g7-countries-china/
OECD, Share of Gross Domestic Product (GDP) spent on research and development (R&D) in G7 countries and China from 2000 to 2022, by country Statista, https://www.statista.com/statistics/1102457/research-and-development-spending-share-gdp-g7-countries-china/ (last visited November 22, 2024)
Share of Gross Domestic Product (GDP) spent on research and development (R&D) in G7 countries and China from 2000 to 2022, by country [Graph], OECD, June 22, 2023. [Online]. Available: https://www.statista.com/statistics/1102457/research-and-development-spending-share-gdp-g7-countries-china/