24Peaks / Asia / Turkey / R-D Expenditure and Patent Applications

Turkey - R-D Expenditure and Patent Applications 1.42

World Bank WDI · updated 2026-10-15 · 156 economies tracked

Latest value

1.42 (2023)

Global rank

##29 of 156 economies

Share of global total

1.3%

Growth since 1996

3.16×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#33#292018 overtook Portugal2022 overtook Italy
TurkeyCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Turkey climbed from #33 to #29 (overtook Portugal). Gaps in a lane = missing data that year.

Key events for Turkey ↓

Key Events — Turkey

Auto-detected from rank data + curated milestones

2001
Banking crisis curated

Lira collapses; deep reform programme follows.

2018
Overtook Portugal in global rank auto
2018
Lira crisis curated

Currency depreciation and inflation spiral.

2021
Inflation surge curated

Unconventional rate policy drives inflation above 50%.

2022
Overtook Italy in global rank auto

R-D Expenditure and Patent Applications, 1996-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620230.360.711.071.42

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