Analysis of the European NPISH and General Government Final Consumption Expenditure on Environmental R&D reveals Germany leading with €53.29 million, while Italy follows at €29.55 million. Recent trends indicate varied year-on-year changes, with notable increases in Hungary at 12.89% and Sweden at 9.75%. Slovakia, however, experienced a significant decline of 15.14%. Over the past five years, the average annual growth rates show dynamic shifts; capturing this data is vital for understanding long-term changes.
Future trends to monitor include potential shifts in expenditures driven by increased environmental awareness, regulatory developments, and financial commitments to green technologies in the European R&D landscape.
Top countries in NPISH and General Government Final Consumption Expenditure on Environmental R&D Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 53.29 | 2023 | +2.08% | +2.36% | View data |
| 2 | 2 Italy | 29.55 | 2023 | -0.44% | -0.46% | View data |
| 3 | 3 Norway | 4.81 | 2023 | +0.54% | +0.79% | View data |
| 4 | 4 Belgium | 4.01 | 2023 | +3.13% | +2.88% | View data |
| 5 | 5 Netherlands | 3.67 | 2023 | +0.24% | +0.5% | View data |
| 6 | 6 Portugal | 1.82 | 2023 | +0.48% | +2.57% | View data |
| 7 | 7 Ireland | 0.91 | 2023 | +2.45% | +3.97% | View data |
| 8 | 8 Sweden | 0.86 | 2023 | +2.58% | +9.75% | View data |
| 9 | 9 Slovenia | 0.57 | 2023 | +3.12% | +5.71% | View data |
| 10 | 10 Estonia | 0.22 | 2023 | 0% | +2.59% | View data |
