5 Least Technologically Advanced Countries in the World

In this article, we will look at the 5 least technologically advanced countries in the world. If you want to read our detailed analysis, you can go to the 25 Least Technologically Advanced Countries in the World.

5. Kyrgyz Republic

R&D Expenditure as a Percentage of GDP: 0.08%

Kyrgyz Republic or Kyrgyzstan is ranked 5th on our list of the least technologically advanced countries in the world. In 2021, the country only spent 0.08% of its GDP on research and development.

4. Guatemala

R&D Expenditure as a Percentage of GDP: 0.06%

Guatemala is the 4th least technologically advanced country in the world. Major factors inhibiting digital growth in the country include weak digital literacy, inadequate infrastructure, and the unaffordability of digital technologies.

3. Trinidad and Tobago

R&D Expenditure as a Percentage of GDP: 0.05%

Trinidad and Tobago is ranked 3rd on our list of the least technologically advanced countries in the world. Its major issue hindering tech advancement is the lack of digital infrastructure.

2. Iraq

R&D Expenditure as a Percentage of GDP: 0.04%

Iraq ranks 2nd on our list. In 2021, the country spent only 0.04% of its GDP on research and development. Iraq’s tech growth is stunted due to political instability and isolation from global technology trends.

1. Myanmar

R&D Expenditure as a Percentage of GDP: 0.04%

Myanmar is ranked 1st on our list of the least technologically advanced countries in the world. The country had an R&D spending of 0.04% in 2022. The biggest challenges faced by the country include the rule of law, the role of the military, corruption, property rights, and social tolerance.

To learn about the least technologically advanced countries, you can check out our detailed report 25 Least Technologically Advanced Countries in the World. At Insider Monkey, we delve into a variety of topics; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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