Malta leads European business expenditure on R&D in administrative and support services with a significant 313.04% increase in 2023, reaching 25.25 euros per capita. Belgium follows with 7.96% growth, and Sweden and Finland show smaller increases. Notably, Poland and Italy have shown substantial growth at 18.13% and 14.15% respectively, indicating budding R&D sectors. Portugal and the Czech Republic report modest yet positive changes, while Serbia remains almost static. Over the past five years, Malta displayed fascinating expansion, suggesting a strategic focus towards R&D challenges in administration and support.
Looking ahead, countries with notable growth like Malta, Italy, and Poland are likely to continue their upward trajectory in R&D expenses. Watch for potential boosts in Nordic countries due to technological advancements and governmental support. Expanding digital transformation and increasing demands for innovative administrative solutions might spur further investments in these areas.
Top countries in Business Expenditure on R&D in Administrative and Support Services by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 25.25 | 2023 | +47.45% | +313.04% | View data |
| 2 | 2 Belgium | 7.55 | 2023 | +9.86% | +7.96% | View data |
| 3 | 3 Sweden | 3.53 | 2023 | -5.06% | View data | |
| 4 | 4 Finland | 2.49 | 2023 | +6.05% | +17.61% | View data |
| 5 | 5 Spain | 2.38 | 2021 | View data | ||
| 6 | 6 Hungary | 1.27 | 2021 | View data | ||
| 7 | 7 Portugal | 0.6 | 2023 | +2.76% | +4.17% | View data |
| 8 | 8 Italy | 0.34 | 2023 | +33.98% | +14.15% | View data |
| 9 | 9 Poland | 0.16 | 2023 | +1.26% | +18.13% | View data |
| 10 | 10 Czech Republic | 0.022 | 2023 | -4.35% | +5.29% | View data |
