Turkey spends $8.17B on research, development in 2017
- Economy
- Anadolu Agency
- Published Date: 12:00 | 28 November 2018
- Modified Date: 01:53 | 28 November 2018
Turkey spent 29.8 billion Turkish liras ($8.17 billion) for research and development activities in 2017, the country's statistical authority announced Wednesday.
Turkish Statistical Institute (TurkStat) said gross domestic expenditure on research and development (GERD) in 2017 increased by 21.2 percent on a yearly basis.
Turkey's GERD to gross domestic production (GDP) ratio was 0.96 percent last year, compared with the 0.94 percent GERD/GDP ratio in 2016. Since the figure was 0.81 percent in 2009, it showed a gradual increase in the last decade.
"Research and development expenditure was financed by financial and non-financial corporations by 49.4 percent in 2017," the institute said.
"This financier was followed by general government by 33.6 percent, higher education by 13.3 percent, foreign funds by 3.5 percent and other national sources by 0.1 percent, respectively," it said.
Official report revealed that the total number of full time equivalent of research and development personnel surged 12 percent year-on-year to reach 136,953 last year.
"Regarding personnel distribution by sectors, 57.3 percent was employed in financial and non-financial corporations, 35.4 percent was employed in higher education and 7.4 percent was employed in general government including private non-profit as well in 2017," TurkStat said.
The institute also stated that the total number of female personnel was 49,235, accounting for 32 percent of the total research and development personnel.
"The ratio of female research and development personnel in financial and non-financial corporations was 25.1 percent," it said. "This was followed by general government by 28.6 percent and higher education by 44 percent."