24Peaks / Economic / R-D Expenditure and Patent Applications

R-D Expenditure and Patent Applications

Israel, Liechtenstein, South Korea, Sweden · 1996 - 2024 · source: World Bank WDI · updated 2026-10-15 · 156 economies

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Frequently Asked Questions

What is R-D Expenditure and Patent Applications?

R-D Expenditure and Patent Applications is a cross-country economic indicator tracked by 24Peaks, compiled from World Bank WDI. The dataset covers 156 economies for 1996-2024.

What is the latest R-D Expenditure and Patent Applications value for Israel?

The latest available R-D Expenditure and Patent Applications value for Israel is 6.35, as of 2023.

Which country has the highest R-D Expenditure and Patent Applications?

As of the latest available year (2023), Israel leads with a value of 6.35.

How has R-D Expenditure and Patent Applications changed in Israel over time?

Between 1996 and 2023, R-D Expenditure and Patent Applications in Israel increased from 2.48 to 6.35 (3.87 net change).

What years does the R-D Expenditure and Patent Applications data cover?

The R-D Expenditure and Patent Applications dataset covers 1996-2024, compiled from World Bank WDI.

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#16#31#46#61#76#911996200120062011201620212024#87#72023 overtook Kenya2024 overtook Belgium
Saudi ArabiaCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Saudi Arabia climbed from #87 to #7 (overtook Kenya). Gaps in a lane = missing data that year.

Key events for Saudi Arabia ↓

Key Events — Saudi Arabia

Auto-detected from rank data + curated milestones

2010
Climbed 57 places in global rank auto
2016
Vision 2030 launched curated

Diversification plan begins amid low oil prices.

2020
Oil price war and pandemic curated

Prices turn negative briefly before a managed recovery.

2023
Overtook Kenya in global rank auto
2024
Overtook Belgium in global rank auto
2024
Climbed 45 places in global rank auto