economic2024

Medium and large firms combining product and process innovation with R&D spending

Name: Medium and large firms combining product and process innovation with R&D spending
Creator: World Bank World Development Indicators
Keywords: trending-statistics-research, daily-10, firm-innovation-rd

Compare medium and large firms combining product and process innovation with r&d spending across 50 ISO-mapped countries or territories using one fixed 2024 official-source slice.

Source: World Bank World Development Indicators•50 countries

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Key Insights

Global Average

7.1% of medium and large firms

Median: 4.3% of medium and large firms

Countries Covered

50

with available data

Highest

Ecuador

28.3% of medium and large firms

Lowest

Cape Verde

0.0% of medium and large firms

Top 5 Countries

1Ecuador28.3% of medium and large firms

2Belgium24.5% of medium and large firms

3Slovenia22.3% of medium and large firms

4Iceland21.4% of medium and large firms

5Uruguay18.2% of medium and large firms

By Region

Key Findings

•50 ISO-mapped countries or territories have a finite 2024 observation.
•Ecuador has the highest published value (28.31463051 % of medium and large firms).
•Cape Verde has the lowest published value (0 % of medium and large firms).

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.0% of medium and large firms)High (28.3% of medium and large firms)

Regional Comparison

Average values by world region (Global avg: 7.1% of medium and large firms)

About This Statistic

Percentage of medium and large firms that introduced a new product/service and process over last 3 years, and spent on R&D over last fiscal year (excluding small firms).

MapTheory retains one fixed year, unit and explicit source slice. Only finite ISO-mapped observations are included; aggregates, missing values, non-ISO geographies and conflicting duplicates are excluded. No values are estimated or imputed by MapTheory.

Methodology

Percentage of medium and large firms that introduced a new product/service and process over last 3 years, and spent on R&D over last fiscal year (excluding small firms).

Full Data

Rank ↑	Country ↕	Value ↕
1	Ecuador	28.3% of medium and large firms
2	Belgium	24.5% of medium and large firms
3	Slovenia	22.3% of medium and large firms
4	Iceland	21.4% of medium and large firms
5	Uruguay	18.2% of medium and large firms
6	People's Republic of China	18.2% of medium and large firms
7	Ireland	17.9% of medium and large firms
8	Lao People's Democratic Republic	15.5% of medium and large firms
9	Azerbaijan	14.2% of medium and large firms
10	Spain	13.9% of medium and large firms
11	Malta	13.1% of medium and large firms
12	Jamaica	12.8% of medium and large firms
13	Mali	11.5% of medium and large firms
14	Italy	11.0% of medium and large firms
15	Bahrain	10.4% of medium and large firms
16	Armenia	9.0% of medium and large firms
17	Republic of the Congo	8.6% of medium and large firms
18	Malaysia	8.1% of medium and large firms
19	Namibia	7.7% of medium and large firms
20	Papua New Guinea	7.0% of medium and large firms
21	Sweden	7.0% of medium and large firms
22	Turkmenistan	7.0% of medium and large firms
23	Kazakhstan	6.5% of medium and large firms
24	Democratic Republic of the Congo	5.9% of medium and large firms
25	Tunisia	5.5% of medium and large firms
26	Moldova, Republic of	3.1% of medium and large firms
27	Czech Republic	3.0% of medium and large firms
28	Senegal	2.5% of medium and large firms
29	Israel	2.1% of medium and large firms
30	Equatorial Guinea	2.0% of medium and large firms
31	Cameroon	1.8% of medium and large firms
32	United Kingdom	1.8% of medium and large firms
33	Türkiye	1.8% of medium and large firms
34	Jordan	1.8% of medium and large firms
35	Canada	1.6% of medium and large firms
36	Latvia	1.3% of medium and large firms
37	Uzbekistan	0.9% of medium and large firms
38	Angola	0.9% of medium and large firms
39	United States of America	0.9% of medium and large firms
40	Serbia	0.9% of medium and large firms
41	Tajikistan	0.6% of medium and large firms
42	South Korea	0.6% of medium and large firms
43	Benin	0.6% of medium and large firms
44	Eswatini	0.3% of medium and large firms
45	Burkina Faso	0.1% of medium and large firms
46	South Sudan	0.1% of medium and large firms
47	Cape Verde	0.0% of medium and large firms
48	Cyprus	0.0% of medium and large firms
49	Tonga	0.0% of medium and large firms
50	Bhutan	0.0% of medium and large firms

Showing 50 of 50 countries

Topics

Data Source

This data comes from World Bank World Development Indicators (2024).

View Original Source