In 2023, Germany led European countries in high and medium-high R&D intensive activities with a value of €592.46 billion, followed by France with €222.67 billion. Belgium, Slovakia, and Slovenia had significantly lower values at €44.29 billion, €12.32 billion, and €5.99 billion, respectively. Year-on-year variations for 2023 show a modest increase with Slovakia at the forefront, having a 4.27% rise, while Germany, France, Belgium, and Slovenia experienced increases of 1.54%, 1.94%, 2.53%, and 1.86% respectively. For the last 5 years, the compound annual growth rate needs evaluation for specific country trends.
Going forward, monitoring innovation policies and funding in these countries will be crucial to understanding shifts in R&D-intensive activities. With increasing focus on digitalization, sustainability, and advanced manufacturing, these sectors may drive significant changes in value-added contributions. Additionally, geopolitical factors and European Union policies will likely impact resource allocation and cross-border collaborations in the R&D domain.
Top countries in Value Added of High- and Medium-High (3-Digit Definition) R&D Intensive Activities by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 592,460 | 2023 | +1.8% | +1.54% | View data |
| 2 | 2 France | 222,670 | 2023 | +1.46% | +1.94% | View data |
| 3 | 3 Belgium | 44,290 | 2023 | +1.99% | +2.53% | View data |
| 4 | 4 Slovakia | 12,320 | 2023 | +2.71% | +4.27% | View data |
| 5 | 5 Slovenia | 5,990 | 2023 | +2.04% | +1.86% | View data |
