European government expenditure on R&D in culture, recreation, religion, and mass media shows significant disparities across countries. Germany leads with the highest investment, highlighting its commitment to cultural and recreational development. Greece and Austria show moderate increases, reflecting steady improvements in this sector.
The upcoming trend indicates the continuation of growth, with smaller economies like Slovakia and Portugal showing impressive year-on-year increases. The data suggests a stable outlook and potential for further investment in cultural sectors, underlining the importance of sustainable funding to support innovation in non-conventional fields across Europe. Additionally, as emerging technologies integrate with cultural media, increased investment may be observed in digital and web-related arts.
Top countries in Government Expenditure on R&D in Culture, Recreation, Religion and Mass Media by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 590.16 | 2021 | +7.52% | +2.56% | View data |
| 2 | 2 Greece | 127.17 | 2023 | +0.26% | +4.56% | View data |
| 3 | 3 Italy | 55.31 | 2023 | +3.8% | +5.65% | View data |
| 4 | 4 Spain | 43.45 | 2023 | -0.28% | +0.21% | View data |
| 5 | 5 Austria | 11.85 | 2023 | +3.38% | +5.12% | View data |
| 6 | 6 Slovakia | 9.17 | 2023 | +4.68% | +7.36% | View data |
| 7 | 7 Portugal | 2.68 | 2023 | +7.97% | +6.54% | View data |
| 8 | 8 Ireland | 1.38 | 2023 | +1.4% | View data | |
| 9 | 9 Luxembourg | 0.12 | 2023 | +1.68% | +3.89% | View data |
