Sweden - Research and development expenditure (% of GDP)

Research and development expenditure (% of GDP) in Sweden was reported at 3.1609 % in 2014, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 sweden research and development expenditure percent of gdp wb data




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Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.