Belgium leads European R&D expenditure in construction at €10.8 per capita, with significant growth of 6.89% in 2023. Sweden and Finland follow with values of €5.37 and €3 respectively, though Finland saw a decline of 6.72%. Portugal marked impressive growth at 14.93%, while the Czech Republic and Malta also experienced substantial increases at 2.01% and 56.02% respectively. In contrast, countries like Italy and Serbia showed stagnant or negative trends. Most Eastern European countries remain below the EU average, with Slovakia and Serbia at the lower end.
Observing future trends, increased digitalization and sustainable construction initiatives will likely drive increased R&D investment. Belgium and Portugal are poised for significant growth given past trends. Eastern Europe offers potential as economic conditions improve, encouraging higher R&D allocations to foster innovation. Increased collaboration between countries could also play a pivotal role in boosting overall R&D expenditure.
Top countries in Business Expenditure on R&D in Construction by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 10.8 | 2023 | +8.13% | +6.89% | View data |
| 2 | 2 Sweden | 5.37 | 2023 | +5.05% | +2.04% | View data |
| 3 | 3 Spain | 3.15 | 2021 | View data | ||
| 4 | 4 Finland | 3 | 2023 | -8.21% | -6.72% | View data |
| 5 | 5 Portugal | 2.66 | 2023 | +9.67% | +14.93% | View data |
| 6 | 6 Czech Republic | 2.25 | 2023 | +2.79% | +2.01% | View data |
| 7 | 7 Hungary | 1.8 | 2021 | View data | ||
| 8 | 8 Malta | 1.25 | 2023 | +6.48% | +56.02% | View data |
| 9 | 9 Poland | 1.14 | 2023 | +5.64% | +11.39% | View data |
| 10 | 10 Croatia | 1.01 | 2023 | +21.12% | View data |
