Gross domestic expenditure on R&D by sector of performance and source in Singapore

Singapore: Gross domestic expenditure on R&D by sector of performance and source was 13,603 US dollars, PPP converted in 2023. ▲ Rising

Latest (2023)
13,603 US dollars, PPP converted
Change on year
up 14.1%
World rank
15th
of 34 countries
All-time high
13,603 US dollars, PPP converted
in 2023
All-time low
1,789 US dollars, PPP converted
in 1994
Years of data
30
1994–2023

Gross domestic expenditure on R&D by sector of performance and source in Singapore, 1994–2023

2.5k5.0k7.5k10.0k12.5k1994200820231994: 1.8k US dollars, PPP converted1995: 2.0k US dollars, PPP converted1996: 2.6k US dollars, PPP converted1997: 3.0k US dollars, PPP converted1998: 3.6k US dollars, PPP converted1999: 4.0k US dollars, PPP converted2000: 4.4k US dollars, PPP converted2001: 4.8k US dollars, PPP converted2002: 5.0k US dollars, PPP converted2003: 5.2k US dollars, PPP converted2004: 5.9k US dollars, PPP converted2005: 6.6k US dollars, PPP converted2006: 7.1k US dollars, PPP converted2007: 8.4k US dollars, PPP converted2008: 9.6k US dollars, PPP converted2009: 7.9k US dollars, PPP converted2010: 8.2k US dollars, PPP converted2011: 9.3k US dollars, PPP converted2012: 9.0k US dollars, PPP converted2013: 9.5k US dollars, PPP converted2014: 10.7k US dollars, PPP converted2015: 11.5k US dollars, PPP converted2016: 11.3k US dollars, PPP converted2017: 10.9k US dollars, PPP converted2018: 10.7k US dollars, PPP converted2019: 11.3k US dollars, PPP converted2020: 12.5k US dollars, PPP converted2021: 12.3k US dollars, PPP converted2022: 11.9k US dollars, PPP converted2023: 13.6k US dollars, PPP converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.

Analysis

Singapore recorded 13,603 US dollars, PPP converted for gross domestic expenditure on r&d by sector of performance and source in 2023. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 14.1% on the previous year and up 43.5% over ten years.

Over the whole period, gross domestic expenditure on r&d by sector of performance and source in Singapore peaked at 13,603 US dollars, PPP converted in 2023 and was at its lowest, 1,789 US dollars, PPP converted, in 1994.

That places Singapore 15th out of 34 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Gross domestic expenditure on R&D by sector of performance and source in Singapore, year by year

Annual values for Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD) in Singapore, 1994 to 2023.
Year US dollars, PPP converted Change
1994 1,789 US dollars, PPP converted
1995 2,016 US dollars, PPP converted +12.7%
1996 2,605 US dollars, PPP converted +29.2%
1997 3,026 US dollars, PPP converted +16.2%
1998 3,632 US dollars, PPP converted +20.0%
1999 4,015 US dollars, PPP converted +10.5%
2000 4,380 US dollars, PPP converted +9.1%
2001 4,791 US dollars, PPP converted +9.4%
2002 5,037 US dollars, PPP converted +5.1%
2003 5,173 US dollars, PPP converted +2.7%
2004 5,920 US dollars, PPP converted +14.4%
2005 6,569 US dollars, PPP converted +11.0%
2006 7,056 US dollars, PPP converted +7.4%
2007 8,431 US dollars, PPP converted +19.5%
2008 9,613 US dollars, PPP converted +14.0%
2009 7,888 US dollars, PPP converted -17.9%
2010 8,189 US dollars, PPP converted +3.8%
2011 9,331 US dollars, PPP converted +13.9%
2012 9,033 US dollars, PPP converted -3.2%
2013 9,482 US dollars, PPP converted +5.0%
2014 10,682 US dollars, PPP converted +12.7%
2015 11,487 US dollars, PPP converted +7.5%
2016 11,339 US dollars, PPP converted -1.3%
2017 10,861 US dollars, PPP converted -4.2%
2018 10,712 US dollars, PPP converted -1.4%
2019 11,333 US dollars, PPP converted +5.8%
2020 12,467 US dollars, PPP converted +10.0%
2021 12,275 US dollars, PPP converted -1.5%
2022 11,926 US dollars, PPP converted -2.8%
2023 13,603 US dollars, PPP converted +14.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,847 US dollars, PPP converted 1,789 US dollars, PPP converted 4,015 US dollars, PPP converted 6
2000s 6,486 US dollars, PPP converted 4,380 US dollars, PPP converted 9,613 US dollars, PPP converted 10
2010s 10,245 US dollars, PPP converted 8,189 US dollars, PPP converted 11,487 US dollars, PPP converted 10
2020s 12,568 US dollars, PPP converted 11,926 US dollars, PPP converted 13,603 US dollars, PPP converted 4

Countries ranked near Singapore

  1. 12 Sweden 22,720 US dollars, PPP converted compare
  2. 12 Estonia 1,115 US dollars, PPP converted compare
  3. 13 Switzerland 22,104 US dollars, PPP converted compare
  4. 13 Latvia 615.53 US dollars, PPP converted compare
  5. 14 Austria 18,558 US dollars, PPP converted compare
  6. 16 Denmark 12,265 US dollars, PPP converted compare
  7. 17 Finland 9,734 US dollars, PPP converted compare
  8. 18 Czechia 9,476 US dollars, PPP converted compare

See the full ranking of 47 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is gross domestic expenditure on r&d by sector of performance and source in Singapore?
Gross domestic expenditure on r&d by sector of performance and source in Singapore was 13,603 US dollars, PPP converted in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest gross domestic expenditure on r&d by sector of performance and source recorded in Singapore?
The highest recorded value was 13,603 US dollars, PPP converted in 2023.
What is the lowest gross domestic expenditure on r&d by sector of performance and source recorded in Singapore?
The lowest recorded value was 1,789 US dollars, PPP converted in 1994.
How does Singapore rank for gross domestic expenditure on r&d by sector of performance and source?
Singapore ranks 15th out of 34 countries with data for 2023.
Is gross domestic expenditure on r&d by sector of performance and source rising or falling in Singapore?
Over the last ten years it is up 43.5%. The long-run trend across the full record is rising.
Where does this Singapore data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.

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Gross domestic expenditure on R&D by sector of performance and source in Singapore. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross/singapore/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 1,579 data points, 1981–2025
Last refreshed

This table contains gross research and development (R&D) expenditure statistics broken down by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by source of funds (business enterprise, government - including public general university funds -, higher education, private non-profit and funds from the rest of the World - including funds from enterprises and other funds from the rest of the World).