In 2023, Finland leads in per capita R&D investment in electrical equipment and electronics at €41.94, while Serbia lags behind at €0.062. Notable growth occurred in Portugal and Italy with year-on-year increases of 13.52% and 3.59%, respectively. Conversely, Sweden experienced a significant dip of 15.18%. Over the past years, Poland showed a steady increase of 5.01%, while Belgium and Slovakia witnessed declines of 3.06% and 5.12% respectively. Recent years have seen mixed trends with different levels of volatility across countries.
In the future, watch for shifts in national priorities, technological advancements in the sector, and varying levels of economic stability that may influence investments at different rates across Europe. Emerging tech and digital transformation could also spur increased spending in R&D.
Top countries in Business Expenditure on R&D in Electrical Equipment and Electronics Manufacturing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 41.94 | 2023 | -1.18% | -0.16% | View data |
| 2 | 2 Belgium | 14.42 | 2023 | +3.5% | -3.06% | View data |
| 3 | 3 Czech Republic | 10.53 | 2023 | +3.7% | +3.23% | View data |
| 4 | 4 Sweden | 7.81 | 2023 | +0.21% | -15.18% | View data |
| 5 | 5 Italy | 7.79 | 2023 | +0.45% | +3.59% | View data |
| 6 | 6 Portugal | 7.03 | 2023 | +10.53% | +13.52% | View data |
| 7 | 7 Spain | 5.97 | 2021 | View data | ||
| 8 | 8 Slovakia | 5.56 | 2023 | +6.68% | -5.12% | View data |
| 9 | 9 Hungary | 5.26 | 2021 | View data | ||
| 10 | 10 Poland | 3.89 | 2023 | +14.34% | +5.01% | View data |
