In 2024, Finland and Belgium lead European countries in per capita business expenditure on R&D in computer programming and consultancy, with notable spending in Finland (172.77 euros) and Belgium (168.02 euros). Both countries showed significant expenditure growth in 2023, with Belgium increasing by 17.05% and Finland by 9.26% from the previous year. Poland and Slovakia also stood out with substantial year-on-year increases of 22.76% and 18.15%, respectively. In contrast, countries like Spain and Serbia showed minimal levels of R&D expenditure despite Serbia's remarkable 68.67% increase, suggesting a nascent stage of development.
Future trends to watch include the digitalization and innovation initiatives across Europe that may drive higher R&D expenditures in computer programming and consultancy, particularly in emerging markets or countries with lower per capita spending such as Serbia and Portugal. Furthermore, a focus on AI, cybersecurity, and software development could reshape investment priorities in the coming years.
Top countries in Business Expenditure on R&D in Computer Programming and Consultancy by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 172.77 | 2023 | +8.03% | +9.26% | View data |
| 2 | 2 Belgium | 168.02 | 2023 | +12.49% | +17.05% | View data |
| 3 | 3 Sweden | 98.09 | 2023 | +6.03% | View data | |
| 4 | 4 Czech Republic | 92.01 | 2023 | +14.58% | +17.16% | View data |
| 5 | 5 Malta | 61.75 | 2023 | +3.49% | +2.26% | View data |
| 6 | 6 Poland | 46.74 | 2023 | +16.66% | +22.76% | View data |
| 7 | 7 Croatia | 30.04 | 2023 | +6.75% | View data | |
| 8 | 8 Portugal | 28.12 | 2023 | +8.75% | +14.45% | View data |
| 9 | 9 Slovakia | 20.05 | 2023 | +7.67% | +18.15% | View data |
| 10 | 10 Italy | 18.88 | 2023 | +6.12% | +3.03% | View data |
