In 2023, Germany led European government expenditure on R&D in natural sciences and engineering with €65.93 million, followed by Italy and Spain. Over the past year, Germany saw a 6.03% increase, Spain a 5% rise, and Italy a 3.49% growth. Other countries like the Netherlands, Finland, and Portugal displayed more modest increases. Estonia had a notable 4.83% rise, while Slovakia saw a 3.02% increase. The current data indicates a general upward trend in government R&D investment across Europe.
Looking ahead, sustained growth in government investment in R&D is expected, driven by increasing commitments to innovation and scientific advancement. Emerging areas such as green technologies and AI may see heightened focus, with varying investment levels potentially reshaping the regional distribution of R&D expenditure across Europe.
Top countries in Government Expenditure on R&D in Natural Sciences and Engineering Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 65.93 | 2023 | +5.91% | +6.03% | View data |
| 2 | 2 Italy | 13.12 | 2023 | +1.78% | +3.49% | View data |
| 3 | 3 Spain | 11.86 | 2023 | +4.96% | +5% | View data |
| 4 | 4 Netherlands | 3.48 | 2023 | +1.12% | +2.11% | View data |
| 5 | 5 Finland | 1.9 | 2023 | +0.42% | +0.79% | View data |
| 6 | 6 Portugal | 0.64 | 2023 | +1.47% | +2.97% | View data |
| 7 | 7 Slovakia | 0.62 | 2023 | +2.82% | +3.02% | View data |
| 8 | 8 Lithuania | 0.36 | 2023 | +5.14% | +1.63% | View data |
| 9 | 9 Latvia | 0.18 | 2023 | +1.63% | +1.13% | View data |
| 10 | 10 Estonia | 0.16 | 2023 | +3.14% | +4.83% | View data |
