USDTWD.ai Taiwan Macro Atlas

Taiwan R&D spending as a share of GDP reached 4.10% in 2024

NSTC-linked data put R&D spending above NT$1tn and at 4.10% of GDP in 2024.

What the Data Shows

This statistic shows Taiwan’s research intensity at an economy-wide level. A 4.10% R&D-to-GDP ratio places Taiwan well above the OECD average cited in prior comparison material. The NT$1tn spending level also gives the percentage a concrete scale.

Data table

Taiwan R&D/GDP 4.10%
OECD avg. 2.7%
Note Taiwan 2024; peers cited for 2023

Sources

Source 1: R&D Expenditure as a Percentage in GDP

Publisher: National Science and Technology Council

Dataset/table: OECD Classification - national total

Units: NT$ million; percent

Date checked: 2026-05-07

Status: source-labelled

Note: NSTC statistics report total R&D expenditure of NT$1,049,307 million in 2024.

Source 2: Taiwan ranks No. 3 in ratio of R&D spending to GDP

Publisher: Overseas Community Affairs Council / Focus Taiwan

Dataset/table: R&D-to-GDP and international comparison

Units: Percent; NT$ billion

Date checked: 2026-05-07

Status: source-labelled

Note: The report cites Taiwan’s 2023 R&D ratio and peer/OECD comparison values and attributes them to official data.

Data notes & caveats

Peer values are not all 2024 same-vintage values. Keep source-labelled if used for public peer comparison.

NSTC statistics report total R&D expenditure of NT$1,049,307 million in 2024.

The report cites Taiwan’s 2023 R&D ratio and peer/OECD comparison values and attributes them to official data.

Methodology

Taiwan 2024 R&D expenditure uses the NSTC statistics database and the R&D-to-GDP ratio reported from NSTC statements. Peer reference values use the cited 2023 comparison, so this is a latest-Taiwan-versus-prior-peer benchmark.