Germany leads European production of high R&D intensive activities in 2023 with 209.23 billion Euros, with a modest 1.57% growth compared to the previous year. The Netherlands and Belgium follow, showing growth rates of 2.02% and 5.08% respectively, while Finland and Slovakia experienced slight declines. Overall, most countries exhibit positive trends, indicating a generally healthy sector with varied growth across nations.
Looking ahead, key trends to watch include technological advancements, governmental R&D incentives, and potential economic shifts that could influence production capabilities and investments across Europe. The focus will be on sustaining growth and enhancing competitive positioning in the global market.
Top countries in Production of High (2-Digit Definition) R&D Intensive Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 209,230 | 2023 | +2.01% | +1.57% | View data |
| 2 | 2 Netherlands | 49,140 | 2023 | +1.35% | +2.02% | View data |
| 3 | 3 Belgium | 35,980 | 2023 | +3.33% | +5.08% | View data |
| 4 | 4 Spain | 27,960 | 2023 | +0.61% | +0.57% | View data |
| 5 | 5 Austria | 18,870 | 2023 | +2.55% | +2.38% | View data |
| 6 | 6 Finland | 11,750 | 2023 | -2.85% | -2.88% | View data |
| 7 | 7 Slovakia | 4,920 | 2023 | -0.57% | -1.01% | View data |
| 8 | 8 Greece | 4,230 | 2023 | +1.55% | +3.45% | View data |
| 9 | 9 Slovenia | 4,110 | 2023 | +2.38% | +2.27% | View data |
| 10 | 10 Estonia | 1,930 | 2023 | +2% | +2.93% | View data |
