In 2023, Germany led European Business Enterprise R&D Expenditure in Architectural and Engineering Activities; Technical Testing and Analysis with 1.75 billion euros, despite a decline of 5.23% year-on-year. Italy followed with 0.31193 billion euros, experiencing a modest 1.96% growth. Portugal showed significant growth with a 14.56% increase, standing at 0.10101 billion euros. Finland, Slovenia, Lithuania, and Slovakia had minor fluctuations, while Latvia saw a remarkable 16.34% increase yet remains the smallest contributor. Over the last five years, these shifts illustrate varied growth patterns with some markets expanding more dynamically.
Looking ahead, countries with rising investments, such as Portugal and Latvia, may continue their upward trajectory, potentially driven by increasing technological advancements and innovation demands. Germany's substantial investment base may recover as it adapts to new engineering challenges. Overall, the focus on sustainable technologies and digital transformation is expected to influence future R&D expenditure trends across Europe.
Top countries in Business Enterprise R&D Expenditure in Architectural and Engineering Activities; Technical Testing and Analysis by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,750 | 2023 | -4.79% | -5.23% | View data |
| 2 | 2 Italy | 311.93 | 2023 | +12.01% | +1.96% | View data |
| 3 | 3 Finland | 148.73 | 2023 | +3.97% | -0.91% | View data |
| 4 | 4 Portugal | 101.01 | 2023 | +7.8% | +14.56% | View data |
| 5 | 5 Slovenia | 18.36 | 2023 | -0.16% | +0.94% | View data |
| 6 | 6 Lithuania | 7.01 | 2023 | +9.25% | +5.11% | View data |
| 7 | 7 Estonia | 6.03 | 2021 | View data | ||
| 8 | 8 Slovakia | 5.64 | 2023 | -0.42% | -2.57% | View data |
| 9 | 9 Latvia | 1.34 | 2023 | +8.05% | +16.34% | View data |
