In 2023, Germany led European value-added in medium-high R&D activities with €493.84 billion, closely followed by France at €164.48 billion. Notable growth rates were observed in Slovakia (5.13%) and Estonia (3.55%), hinting at their expanding R&D capabilities, although from lower bases. The long-term growth indicates consistent upward trends, with countries like Austria and Slovenia showing solid annual percentage increases, suggesting stable investment in R&D sectors.
Future trends to watch:
- Potential investment shifts favoring smaller economies like Slovakia and Estonia.
- Germany and France may continue leveraging their dominant R&D positions to drive regional innovation.
- The impact of evolving EU policies promoting collaborative R&D initiatives among member states.
Top countries in Value Added of Medium-High (2-Digit Definition) R&D Intensive Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 493,840 | 2023 | +2.03% | +1.71% | View data |
| 2 | 2 France | 164,480 | 2023 | +1.92% | +2.42% | View data |
| 3 | 3 Netherlands | 62,470 | 2023 | +2.39% | +2.23% | View data |
| 4 | 4 Spain | 62,360 | 2023 | +1.55% | +1.33% | View data |
| 5 | 5 Austria | 35,190 | 2023 | +2.29% | +2.36% | View data |
| 6 | 6 Finland | 21,580 | 2023 | +2.27% | +2.22% | View data |
| 7 | 7 Slovakia | 11,640 | 2023 | +3.37% | +5.13% | View data |
| 8 | 8 Slovenia | 4,220 | 2023 | +2.57% | +2.68% | View data |
| 9 | 9 Greece | 3,910 | 2023 | +1.02% | +1.75% | View data |
| 10 | 10 Estonia | 1,940 | 2023 | +3.85% | +3.55% | View data |
