In 2023, Germany spearheaded European high- and medium-high R&D intensive activities, contributing significantly with a value added share of 66.93 million euros. Spain and the Netherlands followed with 8.63 and 8.01 million euros, respectively. Germany, despite its large base, showed a modest year-on-year increase of 1.79% while the Netherlands witnessed a noteworthy growth of 1.92%. Slovakia displayed a remarkable growth of 4.78%, though from a smaller base.
Points of interest for future European R&D trends include sustained growth in Slovakia and Estonia, countries that showed higher growth rates. Watching emerging shifts towards increased R&D investments in smaller economies, alongside continued participation from Germany and other leading countries, will guide future analysis and strategy. Adjustments in innovation policies and tech advancements may further shape these figures. Furthermore, a consistent monitoring of the dynamic variations among countries will provide insights into potential realignments in Europe’s R&D landscape.
Top countries in Value Added of High- and Medium-High (2-Digit Definition) R&D Intensive Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 66.93 | 2023 | +2.03% | +1.79% | View data |
| 2 | 2 Spain | 8.63 | 2023 | +1.48% | +1.33% | View data |
| 3 | 3 Netherlands | 8.01 | 2023 | +2.11% | +1.92% | View data |
| 4 | 4 Belgium | 4.98 | 2023 | +2.09% | +2.68% | View data |
| 5 | 5 Austria | 4.9 | 2023 | +2.31% | +2.35% | View data |
| 6 | 6 Finland | 3.11 | 2023 | +1.36% | +1.44% | View data |
| 7 | 7 Slovakia | 1.41 | 2023 | +3.19% | +4.78% | View data |
| 8 | 8 Slovenia | 0.69 | 2023 | +2.46% | +2.42% | View data |
| 9 | 9 Greece | 0.65 | 2023 | +0.96% | +1.93% | View data |
| 10 | 10 Luxembourg | 0.42 | 2023 | +2.92% | +2.29% | View data |
