In 2023, Sweden leads in European business expenditure on R&D in human health and social work activities with €21.74 per capita, experiencing no growth from the previous year. Belgium, with a 14.36% increase, and Finland, with an impressive 24.02% rise, highlight dynamic sectors. Italy and Portugal show moderate increases, while Poland and Slovakia report notable growths at 12.31% and 44.51%, respectively. Slovakia's surge contrasts with the Czech Republic's decline of 9.99%. Malta, Sweden, and Croatia exhibit stagnant expenditure levels.
Looking ahead, anticipate increased investment driven by digital health innovations and cross-country collaborations, potentially altering the competitive landscape in European R&D.
Top countries in Business Expenditure on R&D in Human Health and Social Work Activities by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 21.74 | 2023 | +24.45% | View data | |
| 2 | 2 Belgium | 11.52 | 2023 | +7.16% | +14.36% | View data |
| 3 | 3 Finland | 8.36 | 2023 | +16.39% | +24.02% | View data |
| 4 | 4 Spain | 6.45 | 2021 | View data | ||
| 5 | 5 Italy | 5.57 | 2023 | +6.2% | +4.46% | View data |
| 6 | 6 Hungary | 4.97 | 2021 | View data | ||
| 7 | 7 Portugal | 4.79 | 2023 | +15.86% | +20.22% | View data |
| 8 | 8 Poland | 4.09 | 2023 | +28.35% | +12.31% | View data |
| 9 | 9 Croatia | 4.03 | 2023 | +44.32% | View data | |
| 10 | 10 Slovakia | 3.25 | 2023 | +8.36% | +44.51% | View data |