In 2023, Sweden leads significantly in European Business Expenditure on R&D in Telecommunications at 304.09 euros per capita, with Belgium in a distant second at 31.53 euros. Many countries, including Portugal, Italy, and Belgium, showed modest increases in R&D spending per capita, while countries like the Czech Republic and Serbia saw declines. Notably, Serbia experienced a sharp drop of 7.52%, indicating a possible move away from R&D investments. Over the last five years, these investments have been stabilizing, with varied growth trends across different countries.
Future trends to watch include potential shifts in investment priorities due to technological advancements such as 5G and AI, and the increasing importance of sustainable and digital innovations. As countries strive to remain competitive, strategic allocation of R&D resources will be crucial.
Top countries in Business Expenditure on R&D in Telecommunications by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 304.09 | 2023 | +8.69% | View data | |
| 2 | 2 Belgium | 31.53 | 2023 | +1.61% | +7.42% | View data |
| 3 | 3 Portugal | 13.69 | 2023 | -1.91% | +2.33% | View data |
| 4 | 4 Italy | 11.26 | 2023 | +0.42% | +0.085% | View data |
| 5 | 5 Spain | 5.77 | 2021 | View data | ||
| 6 | 6 Hungary | 5.51 | 2021 | View data | ||
| 7 | 7 Poland | 5.34 | 2021 | +10.58% | View data | |
| 8 | 8 Finland | 4.38 | 2023 | -35.75% | +1.17% | View data |
| 9 | 9 Czech Republic | 3.01 | 2023 | +0.17% | -1.71% | View data |
| 10 | 10 Slovakia | 1.18 | 2021 | View data |
