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Business sector R&D spending New Zealand 2008-2018

In 2018, the business sector in New Zealand spent 2.15 billion New Zealand dollars on research and development (R&D) expenses. Expenditure in this sector has continued to increase and more than doubled over the past decade.

R&D expenditure of the total business sector in New Zealand from 2008 to 2018

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Source

Release date

June 2019

Region

New Zealand

Survey time period

2008 to 2018

Supplementary notes

Source: Stats NZ and licensed by Stats NZ for re-use under the Creative Commons Attribution 4.0 International license.

One New Zealand dollar is equal to approximately 0.65 U.S. dollars and 0.59 euros (as of December 2019).

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Statistics on "Economic Outlook New Zealand"

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