In 2023, France led with a value-added output of 39.59 billion Euros in scientific R&D, followed by Germany at 30.39 billion Euros. Italy, Spain, and the Netherlands rounded out the top five contributors, with values of 17.43, 6.01, and 2.16 billion Euros, respectively. Year-on-year, Austria experienced the highest increase at 4.03%, while Belgium saw a decline of 2.67%. Over the last two years, Germany and Estonia showed strong growth trends, while Finland and Belgium were more stagnant. The five-year CAGR suggests moderate growth across most countries.
Future trends to watch include increasing investment in digital technologies and sustainable R&D efforts across Europe. France and Germany are likely to further consolidate their positions, while smaller countries, particularly those with high growth rates like Austria and Estonia, may capitalize on niche areas in scientific research and development.
Top countries in Value Added of Scientific R&D by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 39,590 | 2023 | +1.59% | +1.77% | View data |
| 2 | 2 Germany | 30,390 | 2023 | +2.59% | +3.66% | View data |
| 3 | 3 Italy | 17,430 | 2023 | +1.05% | +1.23% | View data |
| 4 | 4 Spain | 6,010 | 2023 | +1.93% | +2.01% | View data |
| 5 | 5 Netherlands | 2,160 | 2023 | +0.98% | +0.78% | View data |
| 6 | 6 Austria | 1,870 | 2023 | +3.81% | +4.03% | View data |
| 7 | 7 Finland | 1,630 | 2023 | +0.99% | +0.81% | View data |
| 8 | 8 Belgium | 1,570 | 2023 | +2.53% | -2.67% | View data |
| 9 | 9 Ireland | 1,190 | 2023 | +2.78% | +2.31% | View data |
| 10 | 10 Slovenia | 504.1 | 2023 | +2.46% | +2.3% | View data |
