Research and Development: Ibero-America invests less than 1% of its economic resources

Most read

Investment in research and development in the Ibero-American region emerges as a major challenge. This is evident from the annual report The State of Science 2024 by the Ibero-American Network of Science and Technology Indicators.

This report, co-edited by the Organization of Ibero-American States (OAS) and the United Nations Educational, Scientific and Cultural Organization (UNESCO), offers a detailed analysis of the scientific and technological landscape in the region.

It also highlights both the advances and the persistent challenges. The data corresponds to 2022.

Research and development: how much is being invested in Ibero-America

Research and development in Ibero-America.
Research and development in Ibero-America.

Countries in Ibero-America allocated $166 billion to research and development, which represents a 42% growth compared to 2013.

However, this investment amounts to only 0.73% of the regional gross domestic product. In Latin America, the figure is even lower, standing at 0.56%. Brazil is the only country in the region that exceeds 1% of its GDP in scientific investment.

Global comparison and regional concentration

Globally, the region accounted for 4% of total investment in 2022, according to the report. While Latin America contributed 2.5%.

These figures decreased compared to 2013, due to the significant growth in investment in Asian countries, which now represent 37.4% of global investment.

Despite the stagnation in investment, the number of scientists in the region has increased considerably.

In 2022, there were 642,383 researchers in Ibero-America, a notable increase from 442,835 in 2013. Most of these researchers (46%) work in the higher education sector, followed by the business sector (33%) and public research and development institutions (19%).

The level of patenting in the region remains low. In 2022, 1395 international patents were requested in Latin America and 3024 in Ibero-America through the Patent Cooperation Treaty (PCT).

Have you visited our YouTube channel yet? Subscribe now!

Latest news

The kayakers’ initiative to clean up the shores of the Paraná River on the islands.

River Paraná garbage is a visible issue. Various initiatives seek to clean the shores of the islands, involving kayakers...

Related news