In 2023, Germany leads the European Value Added in Medium-High R&D Intensive Activities with €57.31 million, followed by France at €19.09 million, and the Netherlands at €7.25 million. Year-on-year, Slovakia exhibited the highest growth at 5.13%, whereas Germany and Greece experienced modest gains of 1.71% and 1.75%, respectively. The average annual growth rate over the last five years showed consistent strides across the board, indicating healthy expansions in these sectors.
Looking forward, it is crucial to monitor the strategic investments in emerging technologies and policy frameworks across the EU. Countries with steady year-on-year growth, particularly Slovakia and Estonia, could potentially accelerate their pace, reshaping Europe's R&D landscape, driven by innovation and digital transformation efforts.
Top countries in Value Added of Medium-High (2-Digit Definition) R&D Intensive Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 57.31 | 2023 | +2.03% | +1.71% | View data |
| 2 | 2 France | 19.09 | 2023 | +1.92% | +2.42% | View data |
| 3 | 3 Netherlands | 7.25 | 2023 | +2.39% | +2.23% | View data |
| 4 | 4 Spain | 7.24 | 2023 | +1.55% | +1.33% | View data |
| 5 | 5 Austria | 4.08 | 2023 | +2.29% | +2.36% | View data |
| 6 | 6 Finland | 2.5 | 2023 | +2.27% | +2.22% | View data |
| 7 | 7 Slovakia | 1.35 | 2023 | +3.37% | +5.13% | View data |
| 8 | 8 Slovenia | 0.49 | 2023 | +2.57% | +2.68% | View data |
| 9 | 9 Greece | 0.45 | 2023 | +1.02% | +1.75% | View data |
| 10 | 10 Estonia | 0.23 | 2023 | +3.85% | +3.55% | View data |
