24Peaks / Europe / Latvia / R-D Expenditure and Patent Applications

Latvia - R-D Expenditure and Patent Applications 0.82

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

Latest value

0.82 (2023)

Global rank

##42 of 156 economies

Share of global total

0.8%

Growth since 1996

2×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#36#422020 overtook Slovakia2022 overtook Serbia
LatviaCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Latvia climbed from #36 to #42 (overtook Slovakia). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2020
Overtook Slovakia in global rank auto
2022
Overtook Serbia in global rank auto

R-D Expenditure and Patent Applications, 1996-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620230.360.510.670.82

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