The European Higher Education Expenditure on R&D in Engineering and Technology shows significant discrepancies across countries. In 2023, Germany led with 54.79 million euros, followed by Italy and Spain at 14.35 and 11.59 million euros, respectively. Smaller economies like Slovakia, Lithuania, and Slovenia lag significantly behind. Year-on-year variations for 2023 reveal growth across all countries, with Slovakia, Netherlands, and Spain showing the most notable increases, suggesting positive movement in R&D investments.
Future trends to watch include:
- Continued leadership by Germany, likely maintaining its dominant position in Europe.
- Emerging potential in Slovakia and Netherlands as their growth rates suggest increasing R&D focus.
- Cross-European initiatives could level discrepancies, boosting smaller countries’ shares.
Top countries in Higher Education Expenditure on R&D in Engineering and Technology Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 54.79 | 2023 | +3.8% | +4.17% | View data |
| 2 | 2 Italy | 14.35 | 2023 | +2.21% | +2.78% | View data |
| 3 | 3 Spain | 11.59 | 2023 | +4.75% | +4.83% | View data |
| 4 | 4 Netherlands | 10.58 | 2023 | +2.18% | +5.03% | View data |
| 5 | 5 Finland | 3.38 | 2023 | +2.11% | +3.02% | View data |
| 6 | 6 Portugal | 2.86 | 2023 | +2.59% | +2.05% | View data |
| 7 | 7 Slovakia | 0.79 | 2023 | +3.09% | +8.99% | View data |
| 8 | 8 Lithuania | 0.51 | 2023 | +2.38% | +5.77% | View data |
| 9 | 9 Slovenia | 0.45 | 2023 | +2.35% | +5.26% | View data |
| 10 | 10 Latvia | 0.35 | 2023 | +4.45% | +2.87% | View data |
