In 2023, Germany led European countries in production volumes of high R&D intensive activities, reaching 209.9 billion Euros. France followed with 134.83 billion Euros. The Netherlands and Belgium reported values of 49.01 and 33.91 billion Euros, respectively. Austria, Greece, Slovenia, and Estonia collectively contributed smaller volumes, with values ranging from 18.36 to 1.82 billion Euros.
Year-on-year growth in 2023 was noticeable, with Belgium at the forefront with a 4.44% increase, followed closely by Greece's 3.86% growth. Germany and France exhibited moderate growth of 2.02% and 2.09%, respectively, while the Netherlands, Austria, Slovenia, and Estonia showed increases between 1.71% and 2.64%.
Looking ahead, it is crucial to observe how technological advancements and policy changes impact these countries. Continuous investment in R&D and fostering innovation ecosystems could be pivotal in driving further growth. Monitoring economic stability and geopolitical influences will also be crucial as they may affect production volumes and international competitiveness in the high R&D sector.
Top countries in Production Volumes of High (2-Digit Definition) R&D Intensive Activities by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 209,900 | 2023 | +2.15% | +2.02% | View data |
| 2 | 2 France | 134,830 | 2023 | +1.57% | +2.09% | View data |
| 3 | 3 Netherlands | 49,010 | 2023 | +1.04% | +1.71% | View data |
| 4 | 4 Belgium | 33,910 | 2023 | +3.03% | +4.44% | View data |
| 5 | 5 Austria | 18,360 | 2023 | +2.37% | +2.19% | View data |
| 6 | 6 Greece | 4,600 | 2023 | +1.98% | +3.86% | View data |
| 7 | 7 Slovenia | 3,960 | 2023 | +2.19% | +2.14% | View data |
| 8 | 8 Estonia | 1,820 | 2023 | +1.87% | +2.64% | View data |
