Gross domestic expenditure on research and experimental development

Gross domestic expenditure on research and experimental development (GERD) is the sum of financial resources (national and foreign) used for the execution of research and experimental development (R&D) works on the national territory by the public sector (GOVERD + HERD + PNPERD) and by the business enterprise sector (BERD).

It includes current expenditure (annual wages and salaries of R&D personnel and operating expenses) and capital expenditure (purchases of equipment required for R&D).