The 2023 data indicates that Poland leads European countries in R&D expenditure in the printing and recorded media reproduction sector relative to GDP, followed by Finland, Hungary, and others. Year-on-year, Poland experienced a significant growth of over 24%, while Finland saw a moderate increase. Belgium experienced a decline, with no growth in Sweden, Malta, Italy, or Portugal. The sector shows a trend of moderate growth in select countries, while others remain stagnant or in decline.
Looking ahead, key trends to watch include the impact of technological innovation, demand shifts towards digital media, and policies that support R&D investment. Emphasis is expected on sustainability and digitization, which could alter expenditure patterns and favor countries incentivizing these areas.
Top countries in Business Expenditure on R&D in Printing and Recorded Media Reproduction by Country
| # | 9 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 0.009 | 2023 | +12.5% | +24.57% | View data |
| 2 | 2 Finland | 0.008 | 2023 | +33.33% | +5.92% | View data |
| 3 | 3 Hungary | 0.003 | 2021 | View data | ||
| 4 | 4 Sweden | 0.002 | 2023 | +100% | View data | |
| 5 | 5 Belgium | 0.002 | 2023 | 0% | -7.79% | View data |
| 6 | 6 Malta | 0.002 | 2023 | View data | ||
| 7 | 7 Italy | 0.001 | 2023 | 0% | 0% | View data |
| 8 | 8 Portugal | 0.001 | 2023 | 0% | 0% | View data |
| 9 | 9 Spain | 0.001 | 2021 | View data |