Argentina AR: BERD: % of Value Added

Argentina AR: BERD: % of Value Added data was reported at 0.314 % in 2021. This records a decrease from the previous number of 0.342 % for 2020. Argentina AR: BERD: % of Value Added data is updated yearly, averaging 0.203 % from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 0.342 % in 2020 and a record low of 0.139 % in 2002. Argentina AR: BERD: % of Value Added data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Argentina – Table AR.OECD.MSTI: Business Enterprise Investment on Research and Development: Non OECD Member: Annual. In Argentina, the coverage of the business enterprises was expanded in 2015. BERD data are derived from a new survey from 2009. Since 1997, data for human resources relate to R&D. Before that, human resources data were expressed in terms of Science and Technology Activities (STA), involving R&D and diffusion activities of S&T (library services, training services, conferences, etc.). These have not been transferred to the OECD database. Since 2002, the source of funds data for private non-profit organisations, universities and S&T public organisations are requested for R&D. Before 2002, these sources of funds data were requested in terms of STA. These data were converted into R&D by means of a coefficient for each sector of performance. The main source of funds for science and technology activities in Argentina is the National Budget.;

Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':

R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.

The MSTI variable 'Value added in industry' is used to this end:

It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.

Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.

View Argentina's Argentina AR: BERD: % of Value Added from 1996 to 2021 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Argentina's Argentina AR: BERD: % of Value Added in 2021?

Related Indicators for Argentina AR: BERD: % of Value Added

Argentina Key Series

More Indicators for Argentina