The European Higher Education Expenditure on R&D in Agricultural and Veterinary Sciences indicates significant disparity across countries. In 2023, Germany led with €654.31 million, while Italy followed at €367.47 million. The Netherlands and Spain trailed behind with €289.66 million and €139.66 million, respectively. Smaller economies like Finland, Portugal, and Slovenia are positioned lower, investing substantially less in contrast, with expenditures below €51 million.
The year-on-year variances show the Netherlands and Slovakia experiencing the highest growth rates, at 7.06% and 7.63%, respectively. Meanwhile, Lithuania recorded a notable 8.98% increase, indicating a significant shift in efforts toward agricultural and veterinary sciences R&D. Germany saw a modest rise by 1.44%, indicating stability in its already substantial investment. Despite fluctuating growth percentages across countries, the overall trend reflects a focused commitment toward these critical research sectors.
Future trends might include increased investment from Central and Eastern European countries, recognizing the potential in agricultural innovation and technology. Furthermore, the adoption of sustainable practices and precision agriculture could drive enhanced funding and collaboration across Europe.
Top countries in Higher Education Expenditure on R&D in Agricultural and Veterinary Sciences by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 654.31 | 2023 | +1.69% | +1.44% | View data |
2 | 2 Italy | 367.47 | 2023 | +1.95% | +2.23% | View data |
3 | 3 Netherlands | 289.66 | 2023 | +1.9% | +7.06% | View data |
4 | 4 Spain | 139.66 | 2023 | +2.1% | +3.43% | View data |
5 | 5 Finland | 50.36 | 2023 | +2.13% | +0.34% | View data |
6 | 6 Portugal | 40.39 | 2023 | +1.74% | +1.18% | View data |
7 | 7 Slovenia | 15.6 | 2023 | +2.34% | +1.12% | View data |
8 | 8 Slovakia | 15.18 | 2023 | +3.01% | +7.63% | View data |
9 | 9 Lithuania | 9.05 | 2023 | +3.2% | +8.98% | View data |
10 | 10 Estonia | 7.76 | 2023 | +1.5% | +3.6% | View data |