In 2023, Germany led European Higher Education R&D expenditure in Natural Sciences with 4.79 billion Euros. Italy followed with 1.54 billion Euros, and the Netherlands posted 1.03 billion Euros. Spain and Finland spent 0.90484 and 0.45684 billion Euros, respectively. Portugal, Estonia, Lithuania, Slovakia, Latvia, and Slovenia had lower expenditures, all under 0.36 billion Euros.
Notable year-on-year growth rates in 2023 were observed in Slovenia (8.14%), the Netherlands (7.05%), and Estonia (5.33%). Latvia experienced a contraction at -2.74%. Other countries displayed moderate growth, amidst varying economic and educational policy priorities.
Future trends to watch include potential increases in R&D budgets driven by governmental emphasis on innovation and green technologies. Additionally, collaborations across European higher education institutions may enhance funding and resource allocation, fostering competitive and collaborative environments in the natural sciences domain.
Top countries in Higher Education Expenditure on R&D in Natural Sciences by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,790 | 2023 | +1.68% | +2.08% | View data |
| 2 | 2 Italy | 1,540 | 2023 | +0.28% | +1.73% | View data |
| 3 | 3 Netherlands | 1,030 | 2023 | +1.6% | +7.05% | View data |
| 4 | 4 Spain | 904.84 | 2023 | +1.71% | +3.39% | View data |
| 5 | 5 Finland | 456.84 | 2023 | +0.53% | +0.8% | View data |
| 6 | 6 Portugal | 359.07 | 2023 | +2.54% | +2.29% | View data |
| 7 | 7 Estonia | 87.29 | 2023 | +3.36% | +5.33% | View data |
| 8 | 8 Lithuania | 49.49 | 2023 | +2.41% | +3.39% | View data |
| 9 | 9 Slovakia | 46.7 | 2023 | +3.33% | +5.39% | View data |
| 10 | 10 Latvia | 33.33 | 2023 | +9.11% | -2.74% | View data |