24Peaks / Europe / United Kingdom / R-D Expenditure and Patent Applications

United Kingdom - R-D Expenditure and Patent Applications 2.68

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

Latest value

2.68 (2023)

Global rank

#n/a of 156 economies

Share of global total

2.5%

Growth since 1996

1.7×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#15#132016 overtook Belgium2020 overtook Germany
United KingdomCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. United Kingdom climbed from #15 to #13 (overtook Belgium). Gaps in a lane = missing data that year.

Key events for United Kingdom ↓

Key Events — United Kingdom

Auto-detected from rank data + curated milestones

2008
Banking crisis curated

Northern Rock, RBS and Lloyds require state support.

2016
Overtook Belgium in global rank auto
2016
Brexit referendum curated

Vote to leave the EU starts a long period of trade uncertainty.

2020
Overtook Germany in global rank auto

R-D Expenditure and Patent Applications, 1996-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620231.5322.472.94

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