European Business Expenditure on R&D in Research and Experimental Development on Natural Sciences and Engineering by Country

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

Top Countries about Research And Development