• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, October 24, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ghana spends less than 1% of GDP on research

M.Cby M.C
June 18, 2021
Reading Time: 3 mins read
M.Cby M.C
in Economy
0
medical

Ghana spends less than 1 per cent of its gross domestic product (GDP) on research and development, although globally, spending capacities have been rising in the past five years, including the number of science projects as well as scientists, according a UN report.

This phenomenon has rather been unchanging for Ghana, and similarly for all countries in Africa, which have for a long time spent less on research compared to other jurisdictions, the report highlights.

Meanwhile, for the global economy, however, the rising trend has been pushed further by the impact of the COVID-19 pandemic, according to the report.

RelatedPosts

Finance Ministry Consults Ahead of 2026 Budget Reading

Inflation Pressure Returns: Producer Inflation Creeps to 3.2% as Businesses Battle Rising Input Costs

Government’s Bond Payments Drive Domestic Debt Surge — Now GH¢323.7bn and Counting

Specifically, growth in global research spending between 2014 and 2018 was 19.2 percent, 4.7 percentage points higher than the growth of global GDP (14.8%) between the period.

While research spending increased globally, much of the spending was concentrated in three regions viz; East and south East Asia (40%);  grouping heavyweights China, Japan and the Republic of Korea; North America (27%); and the European Union (19%). These three regions concentrated 85% of global research expenditure.

According to Shamila Nair-Bedouelle, UNESCO’s Assistant Director-General for natural sciences and also the director of the publication of the report, only 32 countries in the world raised their research spending by 0.1% or more of their country GDPs during that period.

ADVERTISEMENT

Based on the report, low spending on scientific research was commonplace in Africa. Considering the foregoing, it is evident from the report that, all countries on the African continent were among the 80% of countries worldwide that invested less than 1% of GDP in scientific research.

As highlighted, Africa’s share of global expenditure on research and development stagnated at 1.01% between 2014 and 2018 but, in Sub-Saharan Africa, it dropped from 0.44% to 0.42%.

Research Spending in Africa

Furthermore, on average, investment in research and development as a share of GDP in Sub-Saharan Africa rose from 0.49% in 2014 to 0.51% in 2018, an insignificant increase of 0.02 percentage points.

The report also noted that the researcher pool grew three times faster reaching 13.7% during the same period, compared to the global population growth of 4.6%.

According to the report, this translated into 8,854 million full-time researchers, a surge that was highly dominated by China, whose researcher pool grew by 11.5% between 2014 and 2018.

With regards to the global shares of researchers by region, Sub-Saharan Africa had increased its stake from 0.6% in 2014 to 0.7% in 2018, representing a research density of 124 researchers per million inhabitants in 2018, up from 102 in 2014.

But, despite the small global share, the report highlighted several African countries that were among 38 countries in the world that had increased their researcher density per million inhabitants by more than 15% between 2015 and 2018.

In this respect, Mauritius had increased its researcher density by 86.3%, followed by Ethiopia (67.8%), Madagascar (45.4%), Togo (26.3%), South Africa (21.4%) and Uganda (15.8%).

Yet, with a density of 687 researchers per million inhabitants in 2018, compared to 675 in 2014, Egypt had the highest concentration of researchers in Africa, followed by South Africa that had a researcher density of 518 in 2018, up from 432 in 2014.

READ ALSO: Domestic production meets only 40% of rice demand in Ghana

Tags: developmentGDPghanainvestmentResearchResearcher density
Please login to join discussion
Previous Post

Cal Bank Ghana continues its Dominance in Trade Volume on the GSE

Next Post

Lifting of restrictions does not automatically translate into occupancy- Hotels Association

Subscription Form

Related Posts

Finance Ministry Consults Ahead of 2026 Budget Reading
Economy

Finance Ministry Consults Ahead of 2026 Budget Reading

October 24, 2025
Inflation Pressure Returns: Producer Inflation Creeps to 3.2% as Businesses Battle Rising Input Costs
Economy

Inflation Pressure Returns: Producer Inflation Creeps to 3.2% as Businesses Battle Rising Input Costs

October 23, 2025
Government’s Bond Payments Drive Domestic Debt Surge — Now GH¢323.7bn and Counting
Economy

Government’s Bond Payments Drive Domestic Debt Surge — Now GH¢323.7bn and Counting

October 23, 2025
GSS Charges Gov’t to Protect ‘Stronger’ Women’s Role in Informal Trade
Economy

GSS Charges Gov’t to Protect ‘Stronger’ Women’s Role in Informal Trade

October 23, 2025
Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS
Economy

Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

October 23, 2025
Professionals question IMF’s Impact on Ghana’s Economy
Economy

Professionals question IMF’s Impact on Ghana’s Economy

October 22, 2025
President John Dramani Mahama
General News

Damongo to Host Two Major Projects:  a Teaching Hospital, Catholic Science and Technology University 

by evansjrOctober 24, 2025
Galamsey: NAIMOS Strikes, Arrests Armed Imposters
Extractives/Energy

Galamsey: NAIMOS Strikes, Arrests Armed Imposters

by Bless Banir YarayeOctober 24, 2025
BoG Introduces Smart Supervision Tools for Banks and Fintechs
Banking

BoG Introduces Smart Supervision Tools for Banks and Fintechs

by M.COctober 24, 2025
Bawumia, NPP’s Weakest Candidate in Election 2028 – Presidential Spokesperson
General News

Bawumia, NPP’s Weakest Candidate in Election 2028 – Presidential Spokesperson

by Emmanuel Tibila BoasahOctober 24, 2025
GPRTU Leads Protest Against Encroachment on CMB Lorry Station
General News

GPRTU Members Reject Interim Administration Directive

by Silas Kafui AssemOctober 24, 2025
Mining consultant Ing. Wisdom Edem Gomashie
Extractives/Energy

Expert Warns Against “Dangerous Precedent” Over Revocation of Mining Licenses 

by Prince AgyapongOctober 24, 2025
President John Dramani Mahama
Galamsey: NAIMOS Strikes, Arrests Armed Imposters
BoG Introduces Smart Supervision Tools for Banks and Fintechs
Bawumia, NPP’s Weakest Candidate in Election 2028 – Presidential Spokesperson
GPRTU Leads Protest Against Encroachment on CMB Lorry Station
Mining consultant Ing. Wisdom Edem Gomashie

Recent News

President John Dramani Mahama

Damongo to Host Two Major Projects:  a Teaching Hospital, Catholic Science and Technology University 

October 24, 2025
Galamsey: NAIMOS Strikes, Arrests Armed Imposters

Galamsey: NAIMOS Strikes, Arrests Armed Imposters

October 24, 2025
BoG Introduces Smart Supervision Tools for Banks and Fintechs

BoG Introduces Smart Supervision Tools for Banks and Fintechs

October 24, 2025
Bawumia, NPP’s Weakest Candidate in Election 2028 – Presidential Spokesperson

Bawumia, NPP’s Weakest Candidate in Election 2028 – Presidential Spokesperson

October 24, 2025
GPRTU Leads Protest Against Encroachment on CMB Lorry Station

GPRTU Members Reject Interim Administration Directive

October 24, 2025
Mining consultant Ing. Wisdom Edem Gomashie

Expert Warns Against “Dangerous Precedent” Over Revocation of Mining Licenses 

October 24, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address
Go to mobile version