New Zealand NZ: Higher Education Expenditure on R&D (HERD)

New Zealand NZ: Higher Education Expenditure on R&D (HERD) data was reported at 1,254.000 NZD mn in 2021. This records an increase from the previous number of 1,082.000 NZD mn for 2019. New Zealand NZ: Higher Education Expenditure on R&D (HERD) data is updated yearly, averaging 403.552 NZD mn from Dec 1981 (Median) to 2021, with 23 observations. The data reached an all-time high of 1,254.000 NZD mn in 2021 and a record low of 44.500 NZD mn in 1981. New Zealand NZ: Higher Education Expenditure on R&D (HERD) 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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What was New Zealand's New Zealand NZ: Higher Education Expenditure on R&D (HERD) in 2021?

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