In 2023, Germany led European government spending on environmental R&D with €679.86 million, whereas Estonia had the lowest at €1.39 million. From 2022 to 2023, the most significant increase was seen in Ireland with a 93.22% rise, and Ireland had the highest growth rate among the listed countries. Luxembourg and Slovakia also showed substantial increases of 37% and 29.65%, respectively. Lithuania experienced a decline of 7.03%, indicating the largest decrease.
Future trends to watch include potential reallocations of funds as European countries respond to climate change challenges and technological advancements. Policy shifts, increased collaboration, and public-private partnerships may significantly impact future spending patterns.
Top countries in Government Expenditure on R&D in Environment by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 679.86 | 2021 | +7.52% | +3.72% | View data |
| 2 | 2 Italy | 238.99 | 2023 | +0.33% | +6.01% | View data |
| 3 | 3 Spain | 153.15 | 2023 | +1.75% | +5.18% | View data |
| 4 | 4 Luxembourg | 50.2 | 2023 | +23.39% | +37% | View data |
| 5 | 5 Austria | 17.99 | 2023 | +12.09% | +7.68% | View data |
| 6 | 6 Slovakia | 13.46 | 2023 | +3.03% | +29.65% | View data |
| 7 | 7 Lithuania | 7.37 | 2023 | +27.14% | -7.03% | View data |
| 8 | 8 Ireland | 6.25 | 2023 | +0.24% | +93.22% | View data |
| 9 | 9 Estonia | 1.39 | 2023 | +27.31% | +8.12% | View data |
