Total Expenditure in Agricultural R&D (US$, 2015 prices) in Caribbean

Caribbean: Total Expenditure in Agricultural R&D (US$, 2015 prices) was 40.38 million USD in 2023. ▲ Rising

Latest (2023)
40.38 million USD
Change on year
up 9.5%
Rank
26th
of 27 groups
All-time high
44.23 million USD
in 2020
All-time low
30.28 million USD
in 2008
Years of data
20
2004–2023

Total Expenditure in Agricultural R&D (US$, 2015 prices) in Caribbean, 2004–2023

0102030402004201320232004: 34.5 million USD2005: 32.6 million USD2006: 36.1 million USD2007: 31.7 million USD2008: 30.3 million USD2009: 33.1 million USD2010: 31.2 million USD2011: 31.3 million USD2012: 31.9 million USD2013: 36.5 million USD2014: 35.5 million USD2015: 41.2 million USD2016: 41.3 million USD2017: 42.1 million USD2018: 40.4 million USD2019: 37.9 million USD2020: 44.2 million USD2021: 40.2 million USD2022: 36.9 million USD2023: 40.4 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for total expenditure in agricultural r&d (us$, 2015 prices) in Caribbean is 40.38 million USD, measured in 2023.

The figure is up 9.5% on the previous year and up 10.8% over ten years.

Over the whole period, total expenditure in agricultural r&d (us$, 2015 prices) in Caribbean peaked at 44.23 million USD in 2020 and was at its lowest, 30.28 million USD, in 2008.

Caribbean ranks 26th of 27 groups on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Total Expenditure in Agricultural R&D (US$, 2015 prices) in Caribbean, year by year

Annual values for Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology) in Caribbean, 2004 to 2023.
Year million USD Change
2004 34.46 million USD
2005 32.59 million USD -5.4%
2006 36.09 million USD +10.7%
2007 31.66 million USD -12.3%
2008 30.28 million USD -4.4%
2009 33.06 million USD +9.2%
2010 31.16 million USD -5.8%
2011 31.26 million USD +0.3%
2012 31.85 million USD +1.9%
2013 36.46 million USD +14.4%
2014 35.47 million USD -2.7%
2015 41.2 million USD +16.1%
2016 41.33 million USD +0.3%
2017 42.15 million USD +2.0%
2018 40.35 million USD -4.3%
2019 37.88 million USD -6.1%
2020 44.23 million USD +16.8%
2021 40.21 million USD -9.1%
2022 36.88 million USD -8.3%
2023 40.38 million USD +9.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.03 million USD 30.28 million USD 36.09 million USD 6
2010s 36.91 million USD 31.16 million USD 42.15 million USD 10
2020s 40.42 million USD 36.88 million USD 44.23 million USD 4

Countries ranked near Caribbean

  1. 23 Ethiopia 66.22 million USD compare
  2. 24 Peru 57.8 million USD compare
  3. 25 Côte d'Ivoire 53.03 million USD compare
  4. 25 Uruguay 51.1 million USD compare
  5. 26 Ghana 49.89 million USD compare
  6. 27 Cabo Verde 2.97 million USD compare
  7. 27 Uganda 48.16 million USD compare
  8. 28 Oman 46.48 million USD compare
  9. 29 Sri Lanka 38.36 million USD compare

See the full ranking of 121 places →

More agriculture & rural data for Caribbean

All data for Caribbean →

Frequently asked questions

What is total expenditure in agricultural r&d (us$, 2015 prices) in Caribbean?
Total expenditure in agricultural r&d (us$, 2015 prices) in Caribbean was 40.38 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Caribbean?
The highest recorded value was 44.23 million USD in 2020.
What is the lowest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Caribbean?
The lowest recorded value was 30.28 million USD in 2008.
How does Caribbean rank for total expenditure in agricultural r&d (us$, 2015 prices)?
Caribbean ranks 26th out of 27 groups with data for 2023.
Is total expenditure in agricultural r&d (us$, 2015 prices) rising or falling in Caribbean?
Over the last ten years it is up 10.8%. The long-run trend across the full record is rising.
Where does this Caribbean data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.

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Total Expenditure in Agricultural R&D (US$, 2015 prices) in Caribbean. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://agriculture.statizoid.com/stat/total-expenditure-in-agricultural-r-and-d-us-2015-prices-total-government-higher/caribbean/

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About this data

Indicator
Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology)
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
121 places, 1,821 data points, 2004–2023
Last refreshed

The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.