In 2023, Belgium led European business expenditure on R&D in architectural, engineering, technical testing, and analysis services with a value of 0.16% of GDP, followed by Sweden at 0.1%. Portugal witnessed the most notable growth with a 17.71% year-on-year change. The Czech Republic and Slovakia also experienced significant increases, at 32.88% and 31.61% respectively. Conversely, countries like Malta and Italy saw decreases, indicating variability across the region.
Looking ahead, the future trend to monitor includes how these variations impact long-term R&D investment strategies. Technological advancements and policy changes could drive further growth or variability, especially as nations prioritize sustainable development and digital transformation in these sectors.
Top countries in Business Expenditure on R&D in Architectural, Engineering, Technical Testing and Analysis Services by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 0.16 | 2023 | +5.92% | +10.67% | View data |
| 2 | 2 Sweden | 0.1 | 2023 | +19.77% | View data | |
| 3 | 3 Portugal | 0.048 | 2023 | +11.63% | +17.71% | View data |
| 4 | 4 Spain | 0.031 | 2021 | View data | ||
| 5 | 5 Czech Republic | 0.029 | 2023 | +20.83% | +32.88% | View data |
| 6 | 6 Croatia | 0.021 | 2023 | +31.25% | View data | |
| 7 | 7 Poland | 0.015 | 2023 | +7.14% | +5.74% | View data |
| 8 | 8 Finland | 0.011 | 2023 | +10% | +5.14% | View data |
| 9 | 9 Serbia | 0.008 | 2023 | +14.29% | +68.18% | View data |
| 10 | 10 Malta | 0.004 | 2023 | 0% | -4.36% | View data |
