World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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Latin America & Caribbean
Research and development expenditure (% of GDP)

Within the “Latin America & Caribbean” group, Cuba leads Research and development expenditure (% of GDP) in 2024 at 0.44%, while Panama sits at the lower end of the current snapshot with 0.20%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.00.10.20.30.4CubaCuba: 0.44%0.4MexicoMexico: 0.25%0.3PanamaPanama: 0.20%0.2

Country table

#CountryValue
1 Cuba 0.44%
2 Mexico 0.25%
3 Panama 0.20%

Analytical takeaways

  • Inside the Latin America & Caribbean group for Research and development expenditure (% of GDP) in 2024, Cuba leads with a gap of 0.18% to the next country.
  • The peer set on this page covers 3 countries, and the lower end of the current distribution sits with Panama at 0.20%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.