In 2023, Germany led European public sector R&D expenditures with 966 million euros, followed by the Netherlands (86.3 million), Portugal (57.4 million), Slovenia (11.1 million), and Latvia (0.7 million). Year-on-year, most countries observed increased spending, with Germany and Slovenia seeing nearly 2% growth. Conversely, Latvia experienced a decline of 2.64%. Over the past five years, R&D expenditure fluctuations across these countries have shaped their current position.
Looking forward, future trends to watch for include technological advancements driving further investment, policy shifts impacting R&D funding, and the potential influence of economic conditions on budget allocations, highlighting the need for strategic adaptation.
Top countries in Internal Current Expenditure in Research and Development in All Activities by the Public Sector by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 966 | 2023 | +2.55% | +1.93% | View data |
| 2 | 2 Netherlands | 86.3 | 2023 | +2.74% | +0.9% | View data |
| 3 | 3 Portugal | 57.4 | 2023 | +1.59% | +1.23% | View data |
| 4 | 4 Slovenia | 11.1 | 2023 | +1.83% | +1.91% | View data |
| 5 | 5 Latvia | 0.7 | 2023 | 0% | -2.64% | View data |
