24Peaks / South America / Argentina / R-D Expenditure and Patent Applications

Argentina - R-D Expenditure and Patent Applications 0.6

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

Latest value

0.6 (2023)

Global rank

##49 of 156 economies

Share of global total

0.6%

Growth since 1996

1.43×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#34#492020 overtook Cyprus2022 overtook Qatar
ArgentinaCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Argentina climbed from #34 to #49 (overtook Cyprus). Gaps in a lane = missing data that year.

Key events for Argentina ↓

Key Events — Argentina

Auto-detected from rank data + curated milestones

2001
Sovereign default curated

Largest default in history; peso peg abandoned.

2003
Commodity boom rebound curated

Strong recovery driven by commodity exports.

2018
Currency crisis curated

IMF bailout as the peso loses half its value.

2020
Overtook Cyprus in global rank auto
2022
Overtook Qatar in global rank auto

R-D Expenditure and Patent Applications, 1996-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620230.390.470.550.63

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