4 ms·
Now, I must revise and extend my remarks. I found this site: https://www.aaas.org/page/historical-trends-federal-rd https://www.aaas.org/page/historical-trends-
by rsj_hn 8y ago
Now, I must revise and extend my remarks. I found this site:
https://www.aaas.org/page/historical-trends-federal-rd https://www.aaas.org/page/historical-trends-federal-rd
From which you can download R&D spending as a percent of GDP in an excel spreadsheet. They also have nice breakdowns for research, development, and facilities.
If you look at total Federal R&D (all of the 3 above), it has indeed declined as a percent of GDP (although not in real terms).
1976: 1.23%
1986: 1.2%
1996: 0.89%
2006: 0.99%
2016: 0.81%
Then there is a plunge:
2017: 0.67%
2018: 0.71%
but the plunge comes with an asterisk:
"Beginning in FY 2017, a new official definition of R&D has been adopted by federal agencies. Late-stage development, testing, and evaluation programs, primarily within the Defense Department, are no longer counted as R&D. "
So, it's fair to say Federal R&D spending is at least stagnant and probably in a slow decline as a percent of GDP.