In 2023, among European countries, Sweden led in R&D expenditure per capita in the motor vehicles, trailers, and semi-trailers manufacturing sector, while Malta showed the highest year-on-year growth at 57.66%. Italy and Croatia maintained stable levels, whereas countries like Serbia and Poland experienced declines, with Serbia seeing a notable decrease of 12.94%. Over five years, these variations suggest a dynamic shift in R&D focus, aligning with technological advancements and market competitiveness.
Looking ahead, European nations may prioritize R&D innovation in autonomous vehicles, sustainable mobility, and emission reduction. Countries striving to catch up could leverage emerging technologies, sustainable practices, and partnerships in the automotive sector.
Top countries in Business Expenditure on R&D in Motor Vehicles, Trailers and Semi-Trailers Manufacturing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 264.62 | 2023 | +3.58% | View data | |
| 2 | 2 Czech Republic | 68.88 | 2023 | +11.76% | +3.47% | View data |
| 3 | 3 Malta | 45.05 | 2023 | +37.83% | +57.66% | View data |
| 4 | 4 Italy | 27.7 | 2023 | +0.91% | +0.14% | View data |
| 5 | 5 Croatia | 26.53 | 2023 | +52.55% | View data | |
| 6 | 6 Hungary | 25.86 | 2021 | View data | ||
| 7 | 7 Spain | 24.62 | 2021 | View data | ||
| 8 | 8 Belgium | 23.94 | 2023 | +3.39% | +1.44% | View data |
| 9 | 9 Slovakia | 23.2 | 2023 | +15.6% | +2.71% | View data |
| 10 | 10 Finland | 9.45 | 2023 | +7.26% | +16.39% | View data |
