{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"me-rd-expenditure-gdp","url":"https://apiardata.com/statistics/me-rd-expenditure-gdp","html_url":"https://apiardata.com/statistics/me-rd-expenditure-gdp/","title":"Montenegro R&D Expenditure (% of GDP) (2024)","description":"Montenegro's R&D Expenditure (% of GDP): 0.3 % of GDP in 2024, unchanged YoY. Eurostat (RD_E_GERDTOT), 2011–2024.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Montenegro","2024"],"publisher":"Eurostat","frequency":"Annual","geography":"Montenegro","temporal_coverage":"2011/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Montenegro R&D Expenditure (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/RD_E_GERDTOT/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2011–2024"},{"label":"Observations","value":"12"},{"label":"Geography","value":"Montenegro"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Montenegro (2024)","value":"0.3","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged YoY"}},{"label":"YoY Change","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"12","unit":"years of data"}],"series":[{"key":"value","label":"Montenegro R&D Expenditure (% of GDP)"}],"observation_count":12,"observations":[{"period":"2011","value":0.32},{"period":"2013","value":0.38},{"period":"2014","value":0.36},{"period":"2015","value":0.38},{"period":"2016","value":0.33},{"period":"2017","value":0.35},{"period":"2018","value":0.51},{"period":"2019","value":0.37},{"period":"2021","value":0.51},{"period":"2022","value":0.32},{"period":"2023","value":0.34},{"period":"2024","value":0.29}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2024","value":"0.3","yoyChange":"unchanged"},{"year":"2023","value":"0.3","yoyChange":"unchanged"},{"year":"2022","value":"0.3","yoyChange":"-0.2pp"},{"year":"2021","value":"0.5","yoyChange":"n/a"},{"year":"2019","value":"0.4","yoyChange":"-0.1pp"},{"year":"2018","value":"0.5","yoyChange":"+0.2pp"},{"year":"2017","value":"0.3","yoyChange":"unchanged"},{"year":"2016","value":"0.3","yoyChange":"-0.1pp"},{"year":"2015","value":"0.4","yoyChange":"unchanged"},{"year":"2014","value":"0.4","yoyChange":"unchanged"},{"year":"2013","value":"0.4","yoyChange":"n/a"},{"year":"2011","value":"0.3","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total R&D expenditure (GERD, % of GDP) in Montenegro from 2000 to present. Show progress toward the EU 3% of GDP target. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2011–2024 (12 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 0.5 % of GDP in 2018 and reached its lowest recorded value of 0.3 in 2024. The latest reading of 0.3 in 2024 is unchanged on the previous period."}]}