In 2023, Spain led in high- and medium-high R&D intensive activities with 254.69 billion euros, followed closely by the Netherlands at 241.15 billion euros. These two countries showed positive growth over the year, with Spain posting a 1.41% increase and the Netherlands 2.24%. Austria and Finland also made significant contributions, 121.01 billion euro and 69.14 billion euro respectively, with Austria maintaining a 2.19% growth. Slovakia and Luxembourg achieved notable growth rates of 3.39% and 3.58%, though from lower bases. Slovenia, Greece, and Estonia grew moderately with respective increases of 2.39%, 2.25%, and 3.25% year-on-year.
Future trends to watch include increased collaboration in R&D among European nations, sustained investment in technology-driven industries, and the impact of policy changes aimed at bolstering innovation ecosystems. As digital transformation accelerates, countries with robust technological infrastructure like the Netherlands and Finland may experience greater growth. Monitoring these trends will be crucial in predicting shifts in the European R&D landscape.
Top countries in Production of High- and Medium-High (2-Digit Definition) R&D Intensive Activities by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 254,690 | 2023 | +1.59% | +1.41% | View data |
| 2 | 2 Netherlands | 241,150 | 2023 | +2.37% | +2.24% | View data |
| 3 | 3 Austria | 121,010 | 2023 | +2.37% | +2.19% | View data |
| 4 | 4 Finland | 69,140 | 2023 | +1.29% | +1.12% | View data |
| 5 | 5 Slovakia | 60,600 | 2023 | +3.02% | +3.39% | View data |
| 6 | 6 Luxembourg | 26,460 | 2023 | +4.05% | +3.58% | View data |
| 7 | 7 Slovenia | 17,810 | 2023 | +2.55% | +2.39% | View data |
| 8 | 8 Greece | 13,220 | 2023 | +1.23% | +2.25% | View data |
| 9 | 9 Estonia | 6,640 | 2023 | +3.14% | +3.25% | View data |
