As of 2023, Germany leads European intramural R&D expenditure at 58.7 million euros, while Italy, the Netherlands, and Spain follow with significant shares. Smaller economies like Latvia, Lithuania, and Estonia demonstrate notable growth rates above 10%, albeit from smaller bases. Over the past two years, most countries have experienced growth, with Portugal, Lithuania, and Estonia showing the most substantial year-on-year variations. In the past five years, smaller European states continued to catch up in relative terms.
Looking ahead, future trends to watch include smaller economies catching up through increased investments in technology and innovation. Large economies are expected to sustain their dominance, but competitive dynamics may prompt strategic shifts in focus areas for R&D to maintain leadership.
Top countries in Total Intramural Expenditure on R&D in All Fields Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58.7 | 2023 | +2.91% | +2.7% | View data |
| 2 | 2 Italy | 13.27 | 2023 | +1.96% | +1.39% | View data |
| 3 | 3 Netherlands | 10.49 | 2023 | +4.05% | +5.24% | View data |
| 4 | 4 Spain | 9.58 | 2023 | +5.95% | +5.49% | View data |
| 5 | 5 Finland | 4.09 | 2023 | +5.02% | +5.31% | View data |
| 6 | 6 Portugal | 2.03 | 2023 | +9.16% | +9.41% | View data |
| 7 | 7 Slovenia | 0.6 | 2023 | +4.43% | +6.44% | View data |
| 8 | 8 Slovakia | 0.47 | 2023 | +3.81% | +5.14% | View data |
| 9 | 9 Lithuania | 0.34 | 2023 | +5.39% | +10.27% | View data |
| 10 | 10 Estonia | 0.29 | 2023 | +3.46% | +10.06% | View data |