New Zealand NZ: GERD Financed: Rest of The World

New Zealand NZ: GERD Financed: Rest of The World data was reported at 7.953 % in 2021. This records a decrease from the previous number of 9.057 % for 2019. New Zealand NZ: GERD Financed: Rest of The World data is updated yearly, averaging 5.216 % from Dec 1989 (Median) to 2021, with 19 observations. The data reached an all-time high of 9.057 % in 2019 and a record low of 1.963 % in 1989. New Zealand NZ: GERD Financed: Rest of The World 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 New Zealand – Table NZ.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.

New Zealand revised the methods of collection and estimation of R&D data respectively in 1984 (for the Higher Education sector), 1992 (for GUF), and 2001 (BERD and national total and HE personnel).

In 2016, part of R&D budgets previously reported in the “R&D financed from other sources than GUF” objective was reallocated to “economic development programmes” (more precisely to the “industrial production and technology” objective). GBARD figures have been revised back to 2007 resulting in a break in series. From 2006 onwards, GBARD data are collected from all government agencies, together with analysis of selected budgetary information. Prior to that year, data were derived from the budget estimate of the pool for science funding, together with figures on government departments’ operational research.

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