The European scientific research and development sector saw significant variances among countries in 2023. The UK led with 34.16 million euros, followed by Switzerland, while Germany faced a slight decline. Notable growth in R&D activities was observed in Switzerland, Denmark, and Poland. However, Ireland and North Macedonia experienced declines, the former seeing a significant -10.07% change. Over the past five years, consistent growth has been evident, with Eastern European countries like Lithuania showing rapid increase.
Looking forward, it is essential to monitor shifts in government R&D policies and funding allocation, especially post-Brexit strategies in the UK and innovation investments in Eastern Europe, as they will play pivotal roles in accelerating growth. Additionally, close attention to Switzerland’s rising contributions could reshape the competitive landscape in Europe.
Top countries in Production Value of Scientific Research and Development Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 34.16 | 2023 | +2.91% | +5.38% | View data |
| 2 | 2 Switzerland | 15.03 | 2023 | +3.63% | +8.47% | View data |
| 3 | 3 Germany | 12.37 | 2023 | +1.67% | -1.57% | View data |
| 4 | 4 France | 5.98 | 2023 | +1.46% | +0.81% | View data |
| 5 | 5 Netherlands | 5.74 | 2023 | +5.53% | +5.28% | View data |
| 6 | 6 Italy | 4.1 | 2023 | +5.14% | +4.81% | View data |
| 7 | 7 Belgium | 3.69 | 2023 | +9.45% | +5.51% | View data |
| 8 | 8 Denmark | 3.31 | 2023 | +3.86% | +8.13% | View data |
| 9 | 9 Spain | 2.75 | 2023 | +4.7% | +7.85% | View data |
| 10 | 10 Sweden | 2.4 | 2023 | +0.11% | +0.61% | View data |
