• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, October 18, 2026
  • 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
in Economy

Ghana spends less than 1% of GDP on research

Maynard Championby Maynard Champion
June 18, 2021
Reading Time: 3 mins read
Add as Preferred on Google
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.

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.

ADVERTISEMENT

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.

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%.

ADVERTISEMENT

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

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

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

Related Posts

Ghana’s GH¢1.02bn Bond Market Hides Deeper Liquidity Concerns
Economy

Ghana’s GH¢1.02bn Bond Market Hides Deeper Liquidity Concerns

October 17, 2026
BoG Report Reveals Cedi’s Sharp Reversal After 2025 Rally
Economy

BoG Report Reveals Cedi’s Sharp Reversal After 2025 Rally

October 16, 2026
IMF Backs Ghana’s Economic Buffers Against Global Commodity Turmoil
Economy

IMF Backs Ghana’s Economic Buffers Against Global Commodity Turmoil

October 16, 2026
Market Expert Forecasts Robust Second Half for Ghana Equities
Economy

Ghana’s Economy Surges 7.4% as Services Sector Leads Growth

October 15, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Public Account Committee

Energy Agencies Cite Gas Supply and Contract Irregularities in Audit

October 18, 2026
Barcelona players jubilate after scoring against Real Betis

Barcelona Thump Betis to Extend Winning Streak to 11 Games

October 17, 2026
Hearts of Oak secure first ever win at the Nii Agjei Kraku II Sports Complex

Hearts Hand Vision FC First Home Defeat

October 17, 2026
Greater Accra Regional Director of Health Service, Dr. Robert Amesiya,

Ghana Records Over 5,000 Breast Cancer Cases Annually

October 17, 2026
NJ Ayuk, Executive Chairman, African Energy Chamber

AEC Chief Urges Africa to Mobilise Capital for Energy Development

October 17, 2026
ADVERTISEMENT
Next Post
President of Ghana Hotels Association, Dr Edward Ackah-Nyamike, has disclosed that, the lifting of restriction by government doesn’t translate to businesses experiencing growth.

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

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Ok

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.