In 2023, Germany leads in European higher education expenditure on R&D in engineering and technology, with 5.47 billion euros, showcasing a 4.17% increase. Italy, Spain, and Netherlands follow with significant investments, demonstrating respective increases of 2.78%, 4.83%, and 5.03%. Notably, Slovakia experiences the highest growth rate at 8.99%. However, smaller economies like Lithuania, Slovenia, Latvia, and Estonia show modest increments, reflecting budding R&D infrastructure.
Future R&D expenditure trends in European higher education may see increased collaboration and innovation due to technological advancements. Countries may prioritize sustainable solutions, digital transformation, and AI integration, driving diversification and strategic investments.
Top countries in Higher Education Expenditure on R&D in Engineering and Technology by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,470 | 2023 | +3.8% | +4.17% | View data |
| 2 | 2 Italy | 1,430 | 2023 | +2.21% | +2.78% | View data |
| 3 | 3 Spain | 1,160 | 2023 | +4.75% | +4.83% | View data |
| 4 | 4 Netherlands | 1,060 | 2023 | +2.18% | +5.03% | View data |
| 5 | 5 Finland | 337.73 | 2023 | +2.11% | +3.02% | View data |
| 6 | 6 Portugal | 286.21 | 2023 | +2.59% | +2.05% | View data |
| 7 | 7 Slovakia | 79.08 | 2023 | +3.09% | +8.99% | View data |
| 8 | 8 Lithuania | 50.49 | 2023 | +2.38% | +5.77% | View data |
| 9 | 9 Slovenia | 45.08 | 2023 | +2.35% | +5.26% | View data |
| 10 | 10 Latvia | 35.14 | 2023 | +4.45% | +2.87% | View data |
