The analysis of Total Intramural Expenditure on R&D in all fields by country across Europe in 2023 indicates that Germany leads with €119.61 billion. Italy, Netherlands, and Spain follow with €27.03 billion, €21.37 billion, and €19.53 billion, respectively. Smaller economies like Finland, Portugal, and Slovenia show significant percentage increases in R&D expenditure, with Lithuania and Estonia exhibiting the highest growth at over 10% each. This trend underlines a broader European commitment to bolstering R&D efforts at diverse economic scales.
Future trends to watch include increased prioritization of technological innovations and heightened R&D collaborations across countries, potentially elevating the European Union's global technological competitiveness.
Top countries in Total Intramural Expenditure on R&D in All Fields by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 119,610 | 2023 | +2.91% | +2.7% | View data |
| 2 | 2 Italy | 27,030 | 2023 | +1.96% | +1.39% | View data |
| 3 | 3 Netherlands | 21,370 | 2023 | +4.05% | +5.24% | View data |
| 4 | 4 Spain | 19,530 | 2023 | +5.95% | +5.49% | View data |
| 5 | 5 Finland | 8,340 | 2023 | +5.02% | +5.31% | View data |
| 6 | 6 Portugal | 4,150 | 2023 | +9.16% | +9.41% | View data |
| 7 | 7 Slovenia | 1,220 | 2023 | +4.43% | +6.44% | View data |
| 8 | 8 Slovakia | 964.93 | 2023 | +3.81% | +5.14% | View data |
| 9 | 9 Lithuania | 696.91 | 2023 | +5.39% | +10.27% | View data |
| 10 | 10 Estonia | 590.97 | 2023 | +3.46% | +10.06% | View data |
