In 2023, Sweden significantly outpaced other European countries in R&D expenditure for Arts, Entertainment and Recreation, with a figure of 2.34 euros per capita. Belgium saw a remarkable 62.81% increase, reflecting a growing investment trend. Italy experienced a decline of 5.94%, whereas Portugal's expenditure rose by 4.93%. Stable figures were observed in Sweden and Croatia.
Future trends to watch include the potential for Sweden to maintain its lead in R&D investments. Emerging interest in Belgium indicates it could further increase its share. Monitoring countries with stable or declining investment, such as Italy, may reveal new policy impacts or shifts in market strategy.
Top countries in Business Expenditure on R&D in Arts, Entertainment and Recreation by Country
| # | 9 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 2.34 | 2023 | +6.95% | View data | |
| 2 | 2 Hungary | 0.5 | 2021 | View data | ||
| 3 | 3 Spain | 0.46 | 2021 | View data | ||
| 4 | 4 Belgium | 0.29 | 2023 | +14.86% | +62.81% | View data |
| 5 | 5 Italy | 0.15 | 2023 | +3.5% | -5.94% | View data |
| 6 | 6 Portugal | 0.13 | 2023 | +12.93% | +4.93% | View data |
| 7 | 7 Croatia | 0.13 | 2023 | +10.26% | View data | |
| 8 | 8 Poland | 0.079 | 2021 | -65.04% | View data | |
| 9 | 9 Czech Republic | 0.053 | 2021 | View data |
