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【Bar Chart Race】Global R&D Spending Ranking from 2002 to 2017

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Global R&D Spending Ranking (Million US dollars)

Gross domestic spending on R&D is defined as the total expenditure (current and capital) on R&D carried out by all resident companies, research institutes, university and government laboratories, etc., in a country.

It includes R&D funded from abroad, but excludes domestic funds for R&D performed outside the domestic economy.

This indicator is measured in USD constant prices using 2010 base year and Purchasing Power Parities (PPPs) and as percentage of GDP

From OECD


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