In 2023, Finland led in R&D expenditure in fabricated metal products manufacturing at €32.14 per capita, with a year-on-year increase of 3.25%. Italy saw a notable growth of 9.13%, reaching €20.85. Portugal's expenditure grew significantly at 12.66% to €5.26. Conversely, Malta experienced a major drop of 35.32%, reflecting a declining trend. Most other countries showed modest growth or stability, highlighting varying commitments to R&D across Europe.
Future trends to watch include potential shifts in funding priorities towards sustainability and digitalization, influencing R&D investments. Countries with current low expenditure may increase investments to remain competitive in innovation.
Top countries in Business Expenditure on R&D in Fabricated Metal Products Manufacturing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 32.14 | 2023 | +3.48% | +3.25% | View data |
| 2 | 2 Sweden | 22.84 | 2023 | +6.8% | +1.15% | View data |
| 3 | 3 Italy | 20.85 | 2023 | +10.61% | +9.13% | View data |
| 4 | 4 Belgium | 17.65 | 2021 | +5.16% | +14.15% | View data |
| 5 | 5 Czech Republic | 7.51 | 2023 | +3.99% | +0.29% | View data |
| 6 | 6 Portugal | 5.26 | 2023 | +9.59% | +12.66% | View data |
| 7 | 7 Poland | 4.9 | 2023 | +5.4% | +2.92% | View data |
| 8 | 8 Spain | 3.54 | 2021 | View data | ||
| 9 | 9 Hungary | 2.26 | 2021 | View data | ||
| 10 | 10 Croatia | 2.22 | 2023 | +15.2% | View data |
