In 2023, Italy led the European countries with a significant public sector environmental protection research expenditure of 681 million euros, despite a slight decrease of 0.46% from the previous year. Belgium experienced a moderate 2.88% increase, investing 92.3 million euros. The Netherlands saw a minor growth of 0.5%, amounting to 84.6 million euros. Portugal and Slovenia exhibited notable increases of 2.57% and 5.71%, respectively.
Considerable growth was observed in Latvia with a 7.63% rise, whereas Slovakia's expenditure sharply declined by 15.14%. Estonia saw a moderate increase of 2.59%, and Luxembourg maintained steady expenditure levels.
- Focus on green energy transition policies and government commitments in Europe may drive further investments.
- Monitoring EU policies and funding initiatives such as the European Green Deal will be critical for predicting expenditure growth.
- Countries with declining or minimal growth may increase future spending efforts for international compliance and environmental goals.
Top countries in Final Consumption Expenditure of Environmental Protection Services in Research and Development in All Activities by the Public Sector by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 681 | 2023 | -0.44% | -0.46% | View data |
| 2 | 2 Belgium | 92.3 | 2023 | +3.13% | +2.88% | View data |
| 3 | 3 Netherlands | 84.6 | 2023 | +0.24% | +0.5% | View data |
| 4 | 4 Portugal | 41.9 | 2023 | +0.48% | +2.57% | View data |
| 5 | 5 Slovenia | 13.2 | 2023 | +3.12% | +5.71% | View data |
| 6 | 6 Estonia | 5 | 2023 | 0% | +2.59% | View data |
| 7 | 7 Latvia | 1.3 | 2023 | +8.33% | +7.63% | View data |
| 8 | 8 Slovakia | 1.1 | 2023 | -15.38% | -15.14% | View data |
| 9 | 9 Luxembourg | 0.1 | 2023 | 0% | 0% | View data |
