In 2023, France led European scientific R&D production, contributing €42.21 million, followed by Germany with €28.42 million. Italy and Spain had €13.07 million and €4.97 million respectively. The Netherlands contributed €3.2 million, and smaller contributions came from Belgium, Austria, Finland, Ireland, Slovenia, Luxembourg, Slovakia, Estonia, and Lithuania. Recent trends show an uptick in R&D expenditures, with notable year-on-year growth in Austria and Germany by 3.85% and 3.19% respectively. Lithuania and Estonia experienced rapid increases at 3.99% and 3.34% respectively, while Luxembourg saw a slight drop.
Future trends in European scientific R&D share could include:
- Continued growth in Germany and Austria, driven by strategic investments in technology sectors.
- Potential expansion in Eastern and Northern European countries as they increase investment in innovation.
- Watch for France’s policies in maintaining or enhancing its lead in the R&D domain amidst global competition.
Top countries in Production of Scientific R&D Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 42.21 | 2023 | +1.65% | +1.96% | View data |
| 2 | 2 Germany | 28.42 | 2023 | +2.7% | +3.19% | View data |
| 3 | 3 Italy | 13.07 | 2023 | +1.15% | +1.26% | View data |
| 4 | 4 Spain | 4.97 | 2023 | +2.05% | +1.93% | View data |
| 5 | 5 Netherlands | 3.2 | 2023 | +1.81% | +1.64% | View data |
| 6 | 6 Belgium | 2.65 | 2023 | +3.96% | +2.93% | View data |
| 7 | 7 Austria | 1.93 | 2023 | +3.45% | +3.85% | View data |
| 8 | 8 Finland | 1.34 | 2023 | +1.25% | +0.99% | View data |
| 9 | 9 Ireland | 0.94 | 2023 | +1.33% | +1.11% | View data |
| 10 | 10 Slovenia | 0.41 | 2023 | +2.45% | +2.19% | View data |
