News

(10 January 2019) - In 2017, the Member States of the European Union spent all together almost €320 billion on Research & Development (R&D).

Lab.
© CC0 Public Domain

The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.07% in 2017, compared with 2.04% in 2016. Ten years earlier (2007), R&D intensity was 1.77%.

With respect to other major economies, R&D intensity in the EU was much lower than in South Korea (4.22% in 2015), Japan (3.28% in 2015) and the United States (2.76% in 2015), while it was at about the same level as in China (2.06% in 2015).

The business enterprise sector continues to be the main sector in which R&D expenditure was spent, accounting for 66% of total R&D disbursed in 2017, followed by the higher education sector (22%), the government sector (11%) and the private non-profit sector (1%).

In 2017, the highest R&D intensities were recorded in Sweden (3.33%) and Austria (3.16%), followed by Denmark (3.06%) and Germany (3.02%), all with R&D expenditure above 3% of GDP.

More information

     
TOP

Under the General Data Protection Regulation (GDPR), AEIDL guarantees the confidentiality and security of your personal data. Cookies are used for quantitative statistical use only.

For more information, contact us at privacy@aeidl.eu.