Analyzing the 2023 data, Italy leads with 73.95 million euros in public expenditure on environmental protection R&D, a slight decline of 0.46%. Belgium and Portugal show positive growth at 2.88% and 2.57%, respectively. Slovenia exhibits a notable increase of 5.71%. Conversely, Slovakia's share shrinks significantly by 15.14%. Estonia and Latvia also see growth, with Latvia leading at 7.63%. Luxembourg remains unchanged.
Looking forward, watch for increased investment across Europe in environmental R&D, driven by policy shifts and sustainability goals. Countries like Slovenia and Latvia may continue to experience strong growth, while others may stabilize or see increased public sector contributions.
Top countries in Final Consumption Expenditure of Environmental Protection Services in Research and Development in All Activities by the Public Sector Share by Country (Million Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 73.95 | 2023 | -0.44% | -0.46% | View data |
| 2 | 2 Belgium | 10.02 | 2023 | +3.13% | +2.88% | View data |
| 3 | 3 Netherlands | 9.19 | 2023 | +0.24% | +0.5% | View data |
| 4 | 4 Portugal | 4.55 | 2023 | +0.48% | +2.57% | View data |
| 5 | 5 Slovenia | 1.43 | 2023 | +3.12% | +5.71% | View data |
| 6 | 6 Estonia | 0.54 | 2023 | 0% | +2.59% | View data |
| 7 | 7 Latvia | 0.14 | 2023 | +8.33% | +7.63% | View data |
| 8 | 8 Slovakia | 0.12 | 2023 | -15.38% | -15.14% | View data |
| 9 | 9 Luxembourg | 0.011 | 2023 | 0% | 0% | View data |
