As of 2023, Germany leads in European government R&D expenditure at 18.47 billion Euros, followed by Italy with 3.76 billion, and Spain with 3.21 billion. Other countries, such as Austria, Greece, and Luxembourg, have significantly lower expenditures. Year-on-year growth shows that Estonia had the highest increase at 6.14%, while Luxembourg had the smallest at 0.68%. Germany, Spain, and Austria showed consistent growth of over 5%, indicating robust government support for R&D.
Future trends to watch include whether countries with lower initial expenditures, such as Ireland and Portugal, will increase their R&D spending to foster innovation. The focus will likely remain on maintaining or enhancing the R&D budget to support technological advances and economic growth across the EU.
Top countries in Government Expenditure on R&D in All Sectors by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18,470 | 2023 | +5.17% | +5.45% | View data |
| 2 | 2 Italy | 3,760 | 2023 | +1.85% | +3.62% | View data |
| 3 | 3 Spain | 3,210 | 2023 | +4.95% | +5.03% | View data |
| 4 | 4 Austria | 1,090 | 2023 | +4.62% | +5.09% | View data |
| 5 | 5 Greece | 626.97 | 2023 | +3.53% | +5.16% | View data |
| 6 | 6 Luxembourg | 189.85 | 2023 | +1.57% | +0.68% | View data |
| 7 | 7 Slovakia | 177.73 | 2023 | +2.07% | +2.2% | View data |
| 8 | 8 Ireland | 172.66 | 2023 | +1% | +1.71% | View data |
| 9 | 9 Portugal | 171.99 | 2023 | +0.61% | +3.18% | View data |
| 10 | 10 Lithuania | 107.8 | 2023 | +3.65% | +2.6% | View data |
