Germany leads the European production volumes of high and medium-high R&D activities with production valued at 1.4509 trillion euros. Following Germany are the Netherlands, Belgium, and Austria with 0.23253 trillion euros, 0.11898 trillion euros, and 0.11602 trillion euros, respectively. Luxembourg, Slovenia, Greece, and Estonia follow at significantly lower values.
From 2023 to 2024, all countries displayed growth, with Luxembourg and Estonia having the highest year-on-year increases at 3.53% and 3.01%, respectively. Over the last two years, countries saw positive annual average changes, highlighting an upward trend fostered by increasing investments in R&D. Germany remained the dominant force, and its dominance is expected to continue, bolstered by ongoing investment and innovation.
Future Trends to Watch:
- The influence of technological advancement on production capacity and efficiency.
- Shifts in policy and funding priorities that may affect R&D intensity.
- Regional collaborations that could drive significant growth in countries with currently lower outputs.
- The potential impact of global economic conditions on European production volumes.
Top countries in Production Volumes of High- and Medium-High (2-Digit Definition) R&D Intensive Activities by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,450,900 | 2023 | +1.59% | +1.38% | View data |
| 2 | 2 Netherlands | 232,530 | 2023 | +2.04% | +1.99% | View data |
| 3 | 3 Belgium | 118,980 | 2023 | +1.18% | +1.66% | View data |
| 4 | 4 Austria | 116,020 | 2023 | +2.06% | +1.9% | View data |
| 5 | 5 Luxembourg | 25,980 | 2023 | +4% | +3.53% | View data |
| 6 | 6 Slovenia | 17,290 | 2023 | +2.24% | +2.09% | View data |
| 7 | 7 Greece | 13,240 | 2023 | +0.99% | +1.89% | View data |
| 8 | 8 Estonia | 6,320 | 2023 | +2.86% | +3.01% | View data |
