In 2023, Germany led European government expenditure on R&D in agricultural and veterinary sciences with €721.68 million, followed by Spain at €356.12 million and Italy at €305.18 million. Significant growth was observed in Slovakia (6.14%), Lithuania (7.67%), Latvia (5.3%), and Estonia (11.59%). Portugal experienced a decline of 3.64%. Over the last five years, these countries have shown varying compound annual growth rates, reflecting diverse levels of commitment to R&D in these fields. Germany, despite its larger absolute expenditure, exhibited a modest growth rate of 1.57% in 2023.
Looking ahead, increasing attention to climate change, sustainable agriculture, and food security may drive further investment in R&D. Advances in biotechnology and expanding EU funding initiatives could also play a significant role in shaping future allocations. Monitoring collaborations between academia, industry, and government will be key to understanding upcoming trends.
Top countries in Government Expenditure on R&D in Agricultural and Veterinary Sciences by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 721.68 | 2023 | +1.62% | +1.57% | View data |
| 2 | 2 Spain | 356.12 | 2023 | +1.26% | +1.85% | View data |
| 3 | 3 Italy | 305.18 | 2023 | +0.26% | +2.44% | View data |
| 4 | 4 Netherlands | 225.23 | 2023 | -0.28% | +0.74% | View data |
| 5 | 5 Finland | 101.18 | 2023 | +0.3% | +2.21% | View data |
| 6 | 6 Slovakia | 31.53 | 2023 | +11.75% | +6.14% | View data |
| 7 | 7 Lithuania | 16.27 | 2023 | +2.5% | +7.67% | View data |
| 8 | 8 Latvia | 15.02 | 2023 | +2.99% | +5.3% | View data |
| 9 | 9 Portugal | 13.62 | 2023 | -3.1% | -3.64% | View data |
| 10 | 10 Slovenia | 9.7 | 2023 | +4.94% | +3.04% | View data |
