In 2023, Belgium led in R&D expenditure per capita within the European professional, scientific, and technical services sector, showcasing a notable 12.93% increase. Sweden maintained its expenditure level, while Finland saw a modest rise of 1.89%. Poland and Portugal experienced robust growth at 8.01% and 23.58%, respectively. The Czech Republic and Serbia also registered increases, although at lesser rates. Italy and Malta showed minimal growth, while Slovakia made significant strides with a 12.42% increase. Despite varying growth rates, these trends highlight a revitalized investment focus across Europe.
Looking ahead, several trends could influence R&D investment across European countries. The shift toward digital transformation and sustainable practices may drive increased investment in R&D. Countries with emerging technological hubs are likely to see heightened activity in this space. Monitoring how these trends align with broader economic conditions will be critical for future R&D strategic planning.
Top countries in Business Expenditure on R&D in Professional, Scientific and Technical Services by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 109.66 | 2023 | +9.51% | +12.93% | View data |
| 2 | 2 Sweden | 96.72 | 2023 | +7.79% | View data | |
| 3 | 3 Finland | 42.57 | 2023 | +2.53% | +1.89% | View data |
| 4 | 4 Poland | 36.64 | 2023 | +6.74% | +8.01% | View data |
| 5 | 5 Portugal | 35.42 | 2023 | +17.66% | +23.58% | View data |
| 6 | 6 Spain | 33.29 | 2021 | View data | ||
| 7 | 7 Czech Republic | 29.44 | 2023 | +1.06% | +1.47% | View data |
| 8 | 8 Serbia | 21.36 | 2023 | +25.6% | +9.13% | View data |
| 9 | 9 Italy | 17.64 | 2023 | +6.14% | +0.82% | View data |
| 10 | 10 Hungary | 17 | 2021 | View data |
