In 2023, Poland led European R&D expenditure in natural sciences and engineering per capita with €31.27, a 5.09% increase from the previous year. Slovakia showed the highest growth, with a 36.31% rise, reaching €12.23 per capita. Serbia also experienced notable growth at 8.81%. Portugal's significant annual increase of 24.07% brought its total to €12.42. The Czech Republic, Italy, Belgium, Spain, and Malta showed modest or no growth, with Malta declining by 8.32%.
Future trends to watch include potential increased investments from currently underperforming countries like Belgium and Italy. Technological advancements and EU funding can catalyze R&D expenditure growth, impacting country rankings and innovation capabilities in Europe.
Top countries in Business Expenditure on R&D in Research and Experimental Development on Natural Sciences and Engineering by Country
| # | 9 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 31.27 | 2023 | +3.44% | +5.09% | View data |
| 2 | 2 Czech Republic | 26.03 | 2023 | +0.073% | +1.05% | View data |
| 3 | 3 Serbia | 23.83 | 2023 | +29.16% | +8.81% | View data |
| 4 | 4 Spain | 19.11 | 2021 | View data | ||
| 5 | 5 Portugal | 12.42 | 2023 | +18.02% | +24.07% | View data |
| 6 | 6 Slovakia | 12.23 | 2023 | +26.71% | +36.31% | View data |
| 7 | 7 Italy | 11.56 | 2023 | -1.68% | View data | |
| 8 | 8 Belgium | 4.65 | 2021 | +46.64% | View data | |
| 9 | 9 Malta | 0.26 | 2023 | -14.61% | -8.32% | View data |