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

Caribbean: Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) was 68.43 million USD in 2023. ▲ Rising

Latest (2023)
68.43 million USD
Change on year
up 8.8%
Rank
26th
of 27 groups
All-time high
73.84 million USD
in 2020
All-time low
53.53 million USD
in 2008
Years of data
20
2004–2023

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

0204060802004201320232004: 59.8 million USD2005: 58.4 million USD2006: 64.1 million USD2007: 55.8 million USD2008: 53.5 million USD2009: 57.7 million USD2010: 54.9 million USD2011: 54.8 million USD2012: 56.3 million USD2013: 61.8 million USD2014: 60 million USD2015: 68.8 million USD2016: 68.8 million USD2017: 69.8 million USD2018: 67.1 million USD2019: 63.8 million USD2020: 73.8 million USD2021: 68.1 million USD2022: 62.9 million USD2023: 68.4 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$ ppp, 2015 prices) in Caribbean is 68.43 million USD, measured in 2023.

That represents a change of up 8.8% on the previous year and up 10.7% over ten years.

Over the whole period, total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Caribbean peaked at 73.84 million USD in 2020 and was at its lowest, 53.53 million USD, in 2008.

That places Caribbean 26th out of 27 groups with data for 2023, putting it 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$ PPP, 2015 prices) in Caribbean, year by year

Annual values for Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology) in Caribbean, 2004 to 2023.
Year million USD Change
2004 59.84 million USD
2005 58.37 million USD -2.5%
2006 64.14 million USD +9.9%
2007 55.83 million USD -12.9%
2008 53.53 million USD -4.1%
2009 57.71 million USD +7.8%
2010 54.92 million USD -4.8%
2011 54.83 million USD -0.2%
2012 56.3 million USD +2.7%
2013 61.81 million USD +9.8%
2014 59.97 million USD -3.0%
2015 68.8 million USD +14.7%
2016 68.8 million USD +0.0%
2017 69.78 million USD +1.4%
2018 67.06 million USD -3.9%
2019 63.78 million USD -4.9%
2020 73.84 million USD +15.8%
2021 68.14 million USD -7.7%
2022 62.91 million USD -7.7%
2023 68.43 million USD +8.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 58.24 million USD 53.53 million USD 64.14 million USD 6
2010s 62.61 million USD 54.83 million USD 69.78 million USD 10
2020s 68.33 million USD 62.91 million USD 73.84 million USD 4

Countries ranked near Caribbean

  1. 23 Greece 156.4 million USD compare
  2. 24 Ghana 150.43 million USD compare
  3. 25 Côte d'Ivoire 128.69 million USD compare
  4. 25 Uganda 140.07 million USD compare
  5. 26 Sri Lanka 115.52 million USD compare
  6. 27 Cabo Verde 5.9 million USD compare
  7. 27 Peru 107.59 million USD compare
  8. 28 Oman 89.11 million USD compare
  9. 29 Nepal 88 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$ ppp, 2015 prices) in Caribbean?
Total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Caribbean was 68.43 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$ ppp, 2015 prices) recorded in Caribbean?
The highest recorded value was 73.84 million USD in 2020.
What is the lowest total expenditure in agricultural r&d (us$ ppp, 2015 prices) recorded in Caribbean?
The lowest recorded value was 53.53 million USD in 2008.
How does Caribbean rank for total expenditure in agricultural r&d (us$ ppp, 2015 prices)?
Caribbean ranks 26th out of 27 groups with data for 2023.
Is total expenditure in agricultural r&d (us$ ppp, 2015 prices) rising or falling in Caribbean?
Over the last ten years it is up 10.7%. 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$ PPP, 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$ PPP, 2015 prices) in Caribbean. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 12 September 2026, from https://agriculture.statizoid.com/stat/total-expenditure-in-agricultural-r-and-d-us-ppp-2015-prices-total-government-higher/caribbean/

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About this data

Indicator
Total Expenditure in Agricultural R&D (US$ PPP, 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.