Germany leads European government expenditure on agricultural R&D, with €658.23 million, reflecting strong commitment. Spain and Italy follow, with €335.69 million and €317.29 million, respectively. Growth trends show notable increases in Greece and Slovakia, with 6.38% and 5.01% year-on-year changes in 2023. Lithuania and Estonia show significant growth, with 11.82% and 11.1% increases, indicating expanding investments. Ireland experienced a slight decline of -0.071%, while Portugal saw a more noticeable drop of -1.47%.
Future trends to watch for include potential increases in Eastern European funding, driven by enhanced EU initiatives and sustainability demands, while Western European countries may focus on increasing efficiency and leveraging technology to maintain their leads.
Top countries in Government Expenditure on R&D in Agriculture by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 658.23 | 2021 | +7.52% | +1.98% | View data |
| 2 | 2 Spain | 335.69 | 2023 | +1.24% | +1.34% | View data |
| 3 | 3 Italy | 317.29 | 2023 | +1.22% | +2.94% | View data |
| 4 | 4 Ireland | 92.35 | 2023 | +1.72% | -0.071% | View data |
| 5 | 5 Austria | 53.79 | 2023 | +1.54% | +1.57% | View data |
| 6 | 6 Greece | 29.98 | 2023 | +0.7% | +6.38% | View data |
| 7 | 7 Slovakia | 28.17 | 2023 | +8.9% | +5.01% | View data |
| 8 | 8 Lithuania | 17.95 | 2023 | +3.93% | +11.82% | View data |
| 9 | 9 Portugal | 14.59 | 2023 | -2.15% | -1.47% | View data |
| 10 | 10 Estonia | 5.69 | 2023 | +6.96% | +11.1% | View data |
