In 2023, France leads with €38.36 million in value added from scientific R&D, followed by Germany (€29.44M) and Italy (€16.88M). Year-on-year variations showed notable increases in Austria (4.03%) and Estonia (3.52%), while Belgium (-2.67%) experienced a decline. Over the past five years, the Compound Annual Growth Rate (CAGR) highlights the average annual growth, which is essential to understanding long-term trends and stability in these values.
Future Trends to Watch
Looking forward, attention should be given to emerging players like Austria and Estonia, which are showing stronger growth rates. Additionally, the impact of policy changes, such as increased funding for R&D and international collaborations, will be critical in shaping the future landscape of R&D contributions in Europe. Monitoring economic and political stability in these countries will also be essential for predicting future trends.
Top countries in Value Added of Scientific R&D Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 38.36 | 2023 | +1.59% | +1.77% | View data |
| 2 | 2 Germany | 29.44 | 2023 | +2.59% | +3.66% | View data |
| 3 | 3 Italy | 16.88 | 2023 | +1.05% | +1.23% | View data |
| 4 | 4 Spain | 5.83 | 2023 | +1.93% | +2.01% | View data |
| 5 | 5 Netherlands | 2.09 | 2023 | +0.98% | +0.78% | View data |
| 6 | 6 Austria | 1.81 | 2023 | +3.81% | +4.03% | View data |
| 7 | 7 Finland | 1.58 | 2023 | +0.99% | +0.81% | View data |
| 8 | 8 Belgium | 1.52 | 2023 | +2.53% | -2.67% | View data |
| 9 | 9 Ireland | 1.15 | 2023 | +2.78% | +2.31% | View data |
| 10 | 10 Slovenia | 0.49 | 2023 | +2.46% | +2.3% | View data |
