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

Russia - R-D Expenditure and Patent Applications 0.94

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

Latest value

0.94 (2024)

Global rank

##4 of 156 economies

Share of global total

7.2%

Growth since 1996

0.97×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#20#42023 overtook Serbia2024 overtook Sweden
RussiaCanadaHong KongEgyptSerbia

Real annual global ranks, 1996 - 2024. Russia climbed from #20 to #4 (overtook Serbia). Gaps in a lane = missing data that year.

Key events for Russia ↓

Key Events — Russia

Auto-detected from rank data + curated milestones

1998
Financial default curated

Ruble devalues and the government defaults on domestic debt.

2009
Oil crash recession curated

Falling oil prices and crisis push GDP down.

2015
Sanctions and oil shock curated

Western sanctions and falling oil prices trigger recession.

2023
Overtook Serbia in global rank auto
2024
Overtook Sweden in global rank auto
2024
Climbed 35 places in global rank auto

R-D Expenditure and Patent Applications, 1996-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620240.911.041.161.29

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