In 2023, Germany led European government expenditure on R&D in agricultural and veterinary sciences with 40.07 million euros, followed by Spain and Italy at 19.77 million and 16.94 million euros, respectively. Smaller contributors included countries like Estonia with just 0.31 million euros. Notable year-on-year variations showed Estonia increasing dramatically by 11.59% and Lithuania by 7.67%, while Portugal declined by 3.64%. The 5-year compound annual growth rate indicates robust growth in the Baltics, suggesting a substantial shift in research focus.
Looking forward, ongoing investments in R&D reflect the region's commitment to innovation in agriculture and veterinary sciences. Factors such as climate change, sustainability goals, and technological advancements may further influence spending patterns. Watch for potential increases in funding driven by policy changes and cross-border collaborations within the EU.
Top countries in Government Expenditure on R&D in Agricultural and Veterinary Sciences Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.07 | 2023 | +1.62% | +1.57% | View data |
| 2 | 2 Spain | 19.77 | 2023 | +1.26% | +1.85% | View data |
| 3 | 3 Italy | 16.94 | 2023 | +0.26% | +2.44% | View data |
| 4 | 4 Netherlands | 12.5 | 2023 | -0.28% | +0.74% | View data |
| 5 | 5 Finland | 5.62 | 2023 | +0.3% | +2.21% | View data |
| 6 | 6 Slovakia | 1.75 | 2023 | +11.75% | +6.14% | View data |
| 7 | 7 Lithuania | 0.9 | 2023 | +2.5% | +7.67% | View data |
| 8 | 8 Latvia | 0.83 | 2023 | +2.99% | +5.3% | View data |
| 9 | 9 Portugal | 0.76 | 2023 | -3.1% | -3.64% | View data |
| 10 | 10 Slovenia | 0.54 | 2023 | +4.94% | +3.04% | View data |
