In 2023, Germany led the European Compensation of Employees in Research and Development in all activities by the public sector, with 210 million euros, followed by Portugal with 47.2 million euros. Belgium, Slovenia, and Latvia had significantly lower values at 30.9, 7.2, and 0.7 million euros respectively. Year-on-year growth varied as Germany saw a 1.7% increase, while Portugal, Belgium, and Slovenia experienced 1.98%, 2.43%, and 1.76% growth. Latvia remained stagnant.
Looking forward, continued investment in R&D by the public sector is essential for stimulating innovation. Watch for policy changes in funding allocations, collaborative European projects, and shifts towards digital and green technologies as key influences on future trends in R&D compensation.
Top countries in Compensation of Employees in Research and Development in All Activities by the Public Sector by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 210 | 2023 | +1.94% | +1.7% | View data |
| 2 | 2 Portugal | 47.2 | 2023 | +2.16% | +1.98% | View data |
| 3 | 3 Belgium | 30.9 | 2023 | +3.34% | +2.43% | View data |
| 4 | 4 Slovenia | 7.2 | 2023 | +2.86% | +1.76% | View data |
| 5 | 5 Latvia | 0.7 | 2023 | +16.67% | 0% | View data |
