Belgium leads in R&D expenditure per capita within the Professional, Scientific and Technical Activities; Administrative and Support Service sectors in Europe, showcasing a robust year-on-year increase of 13.07% in 2023. Finland follows with a modest growth of 2.92%, while Poland and Portugal both experience notable investments, with variations of 7.63% and 23.07%, respectively. Italy and Serbia display modest growth, whereas Slovakia and Malta achieve significant increases of 12.18% and 17.52%. In contrast, Croatia's expenditure remains unchanged.
Future trends to monitor include the persistently growing R&D expenditure in central and eastern European countries, indicating an increasing strategic focus on innovation. Additionally, digital transformation and increased focus on sustainability are likely to drive future R&D investments across Europe.
Top countries in Business Expenditure on R&D in Professional, Scientific and Technical Activities; Administrative and Support Service Activities by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 119.87 | 2023 | +9.83% | +13.07% | View data |
| 2 | 2 Finland | 46.03 | 2023 | +3.3% | +2.92% | View data |
| 3 | 3 Poland | 36.1 | 2023 | +4.97% | +7.63% | View data |
| 4 | 4 Portugal | 36.07 | 2023 | +17.57% | +23.07% | View data |
| 5 | 5 Spain | 35.67 | 2021 | View data | ||
| 6 | 6 Czech Republic | 29.46 | 2023 | +1.06% | +1.47% | View data |
| 7 | 7 Hungary | 18.27 | 2021 | View data | ||
| 8 | 8 Serbia | 17.85 | 2023 | +20.99% | +5.28% | View data |
| 9 | 9 Italy | 17.79 | 2023 | +6.12% | +0.77% | View data |
| 10 | 10 Slovakia | 10.26 | 2023 | +3.07% | +12.18% | View data |
