European business expenditure on R&D in utilities and remediation activities in 2023 shows notable variation across countries. Belgium leads with the highest per capita expenditure, followed by Sweden and Finland. Significant year-on-year increases were seen in Malta, Slovakia, and Portugal, indicating growing investments. Italy and Belgium also demonstrate solid growth rates, while countries like Sweden exhibit a decline in investment. Croatia maintained a steady expenditure level, with minimal changes.
Looking ahead, expect increased R&D spending in utilities influenced by EU green policies and technological advancements. Emphasis on sustainable infrastructure will drive higher investments, particularly in countries previously showing aggressive growth trends, such as Portugal and Malta.
Top countries in Business Expenditure on R&D in Utilities and Remediation Activities by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 18.92 | 2023 | +5.47% | +6.93% | View data |
| 2 | 2 Sweden | 13.18 | 2023 | +1.05% | -6.07% | View data |
| 3 | 3 Finland | 9.8 | 2023 | +1.55% | +13.18% | View data |
| 4 | 4 Spain | 6.55 | 2021 | View data | ||
| 5 | 5 Italy | 5.88 | 2023 | +4.36% | +15.25% | View data |
| 6 | 6 Hungary | 4.54 | 2021 | View data | ||
| 7 | 7 Portugal | 4.35 | 2023 | +11.12% | +21.79% | View data |
| 8 | 8 Czech Republic | 3 | 2023 | +5.68% | +15.93% | View data |
| 9 | 9 Croatia | 1.48 | 2023 | -24.69% | View data | |
| 10 | 10 Poland | 1.22 | 2023 | +2.7% | +3.02% | View data |
