Montenegro Business-Funded R&D Expenditure (2019)
Montenegro's Business-Funded R&D Expenditure: 0.04 % of GDP in 2019, -0.15pp YoY. Eurostat (RD_E_GERDFUND), 2011–2019.
Montenegro (2019)
0.04
% of GDP
-0.15pp YoY
YoY Change
-0.15pp
percentage points
Trend
down
Series length
7
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2019 | 0.04 | -0.15pp |
| 2018 | 0.19 | +0.12pp |
| 2017 | 0.07 | n/a |
| 2015 | 0.11 | +0.01pp |
| 2014 | 0.1 | -0.06pp |
| 2013 | 0.16 | n/a |
| 2011 | 0.11 | n/a |
About this Dataset
Montenegro recorded 0.04 % of GDP in 2019. The latest change was -0.15pp. Across 2011–2019 the series ranges from 0.04 % of GDP in 2019 to 0.19 % of GDP in 2018.
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Montenegro. Business-funded R&D reflects private sector innovation investment and the depth of industry-driven research.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Montenegro. Business-funded R&D reflects private sector innovation investment and the depth of industry-driven research. It is published by Eurostat and updated annually.
The most recent observation covers 2019. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2011–2019 (7 observations).
The series is at its lowest recorded level, 0.04 % of GDP in 2019, down from a peak of 0.19 % of GDP in 2018. The latest change was -0.15pp.