In 2023, Europe's business expenditure on R&D in Agriculture, Forestry, and Fishing was led by Sweden with 19.08 Euros per capita, indicating stable investment. Belgium saw a decrease of 3.5%, with Finland growing by 4.22% and Portugal by a significant 24.18%. Italy also increased by 15.95%, while the Czech Republic and Poland grew by 4.93% and 11.07%, respectively. Malta experienced a 12.81% increase, Slovakia decreased by 2.71%, and Serbia remained unchanged. Overall, the 5-year CAGR points to varied growth patterns, with Portugal and Italy leading in investment increases.
Future trends to watch in European R&D expenditure in these sectors include:
- Continued growth in Portugal and Italy, driven by strategic investments.
- Potential stabilization or decline in Belgium if current trends persist.
- The influence of climate change policies and technology on investment patterns.
- Potential new entrants exploring green tech innovations impacting regional R&D focus.
Top countries in Business Expenditure on R&D in Agriculture, Forestry and Fishing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 19.08 | 2023 | +11.45% | View data | |
| 2 | 2 Belgium | 8.28 | 2023 | +7.55% | -3.5% | View data |
| 3 | 3 Finland | 6.36 | 2023 | +4.69% | +4.22% | View data |
| 4 | 4 Portugal | 6.16 | 2023 | +16.42% | +24.18% | View data |
| 5 | 5 Hungary | 6.01 | 2021 | View data | ||
| 6 | 6 Italy | 5.75 | 2023 | +6.11% | +15.95% | View data |
| 7 | 7 Spain | 3.2 | 2021 | View data | ||
| 8 | 8 Czech Republic | 2.17 | 2023 | +11.66% | +4.93% | View data |
| 9 | 9 Poland | 1.63 | 2023 | +15% | +11.07% | View data |
| 10 | 10 Malta | 0.2 | 2023 | +4.69% | +12.81% | View data |
