In 2023, Belgium led European public sector R&D intermediate consumption, with 63 million euros. Year-on-year, Belgium grew by 3.36%, indicating robust investment. The Netherlands saw a 2.67% decline, marking the largest reduction. Ireland and Slovakia exhibited moderate growth at 1.53% and 2.92%, respectively. Portugal experienced a 1.38% decrease. Slovenia and Luxembourg had marginal increases of 2.13% and 0.0%, respectively.
Future trends to watch include:
- Potential growth areas in digital and green technologies.
- Impact of regulatory policies on public sector R&D spending.
- Variability in economic conditions affecting budget allocations across countries.
Top countries in Intermediate Consumption in Research and Development in All Activities by the Public Sector by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 63 | 2023 | +2.77% | +3.36% | View data |
| 2 | 2 Netherlands | 24.2 | 2023 | +0.41% | -2.67% | View data |
| 3 | 3 Ireland | 19.2 | 2023 | +1.59% | +1.53% | View data |
| 4 | 4 Slovakia | 17.9 | 2023 | +5.29% | +2.92% | View data |
| 5 | 5 Portugal | 11.1 | 2023 | -0.89% | -1.38% | View data |
| 6 | 6 Slovenia | 4 | 2023 | +2.56% | +2.13% | View data |
| 7 | 7 Luxembourg | 0.1 | 2023 | 0% | 0% | View data |
