Driving Innovation: Malaysia’s National R&D Expenditure Target by 2030
This dashboard presents the historical trends and future projections of Gross Domestic Product (GDP) and Gross Domestic Expenditure on Research and Development (GERD). It reflects the combined contributions of both public and private sectors, with a national target to raise R&D expenditure to 3.5% of GDP by 2030. In line with this goal, the GERD distribution is targeted at 60% from the private sector and 40% from the government, underscoring a shared commitment towards building an innovation-driven economy.
Source : MASTIC