Federally Funded R & D Declines as a Share of GDP and Total R & D

The ratio of U.S. research and development ( R&D ) to gross domestic product ( GDP ) , at 3.40 % in 2021, exceeded 3 % for the first time in 2019. However, the decades between the previous peak, 1964, and recent years have witnessed notable changes in the funding sources for domestic R&D. Data are from the National Center for Science and Engineering Statistics National Patterns of R&D Resources.

Source: NSF - Statistics on U.S. Science and Engineering Resources - June 13, 2023 Category: Statistics Source Type: news