Gross domestic expenditure on R&D by sector

The indicator measures gross domestic expenditure on R&D (GERD) as a percentage of the gross domestic product (GDP). "Research and experimental development (R&D) comprise creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society and the use of this stock of knowledge to devise new applications" (Frascati Manual, 2002 edition, § 63).