In 2023, Italy led European business expenditure on R&D in publishing with €132.12 million, followed by Portugal and Belgium with €82.75 million and €76.47 million, respectively. The smallest contributions were from Hungary and Malta. Over the last two years, positive variations were observed in Italy, Portugal, and Belgium, while Finland saw a slight decline.
Future trends to watch include sustained growth in Italy and Portugal, potential recovery in Finland's R&D investments, and continued strengthening of smaller markets like Croatia, which showed stable investment. Monitoring shifts in digital publishing could influence future R&D spending across these countries.
Top countries in Business Expenditure on R&D in Publishing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 132.12 | 2023 | +6.81% | +0.23% | View data |
| 2 | 2 Portugal | 82.75 | 2023 | +1.59% | +1.63% | View data |
| 3 | 3 Belgium | 76.47 | 2023 | +11.79% | +2.97% | View data |
| 4 | 4 Spain | 63.27 | 2021 | View data | ||
| 5 | 5 Finland | 36.11 | 2023 | +14.83% | -0.21% | View data |
| 6 | 6 Poland | 35.68 | 2021 | View data | ||
| 7 | 7 Croatia | 5.7 | 2023 | +30.45% | View data | |
| 8 | 8 Czech Republic | 0.2 | 2021 | +275% | -3.83% | View data |
| 9 | 9 Hungary | 0.18 | 2021 | View data | ||
| 10 | 10 Malta | 0.012 | 2021 | 0% | -41.82% | View data |
