24Peaks / North America / United States / R-D Expenditure and Patent Applications

United States - R-D Expenditure and Patent Applications 3.45

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

Latest value

3.45 (2023)

Global rank

#n/a of 156 economies

Share of global total

3.2%

Growth since 1996

1.41×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#4#52018 overtook Denmark2020 overtook Sweden
United StatesCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. United States climbed from #4 to #5 (overtook Denmark). Gaps in a lane = missing data that year.

Key events for United States ↓

Key Events — United States

Auto-detected from rank data + curated milestones

2008
Global financial crisis curated

Lehman Brothers collapse sets off the worst recession since the 1930s.

2018
Overtook Denmark in global rank auto
2020
Overtook Sweden in global rank auto
2020
COVID-19 recession curated

Sharpest quarterly GDP contraction on record as the pandemic hits.

R-D Expenditure and Patent Applications, 1996-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620232.452.83.143.49

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