GERD as a percentage of GDP in SDG: Europe

SDG: Europe: GERD as a percentage of GDP was 2.0% in 2023. ▲ Rising

Latest (2023)
2.0%
Change on year
up 0.8%
Rank
12th
of 50 groups
All-time high
2.0%
in 2020
All-time low
1.6%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in SDG: Europe, 1996–2023

00.511.521996200920231996: 1.61997: 1.71998: 1.71999: 1.72000: 1.72001: 1.72002: 1.82003: 1.82004: 1.72005: 1.72006: 1.72007: 1.72008: 1.72009: 1.82010: 1.82011: 1.82012: 1.82013: 1.92014: 1.92015: 1.92016: 1.92017: 1.92018: 1.92019: 22020: 22021: 22022: 22023: 2

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in SDG: Europe is 2.0%, measured in 2023.

Compared with earlier readings it is up 0.8% on the previous year and up 6.1% over ten years.

Over the whole period, gerd as a percentage of gdp in SDG: Europe peaked at 2.0% in 2020 and was at its lowest, 1.6%, in 1996.

That places SDG: Europe 12th out of 50 groups with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in SDG: Europe, year by year

Annual values for GERD as a percentage of GDP in SDG: Europe, 1996 to 2023.
Year Value Change
1996 1.6%
1997 1.7% +0.5%
1998 1.7% +0.1%
1999 1.7% +3.1%
2000 1.7% +1.1%
2001 1.7% +1.3%
2002 1.8% +0.9%
2003 1.8% -0.5%
2004 1.7% -2.4%
2005 1.7% -0.9%
2006 1.7% +0.4%
2007 1.7% +0.5%
2008 1.7% +1.6%
2009 1.8% +5.6%
2010 1.8% -1.2%
2011 1.8% +0.2%
2012 1.8% +1.3%
2013 1.9% +0.8%
2014 1.9% +1.6%
2015 1.9% +1.4%
2016 1.9% +0.1%
2017 1.9% +1.3%
2018 1.9% +0.3%
2019 2.0% +1.2%
2020 2.0% +3.8%
2021 2.0% -3.7%
2022 2.0% -0.7%
2023 2.0% +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.7% 1.6% 1.7% 4
2000s 1.7% 1.7% 1.8% 10
2010s 1.9% 1.8% 2.0% 10
2020s 2.0% 2.0% 2.0% 4

Countries ranked near SDG: Europe

  1. 9 Germany 3.2% compare
  2. 10 Finland 3.1% compare
  3. 11 Denmark 3.0% compare
  4. 12 United Kingdom of Great Britain and Northern Ireland 2.7% compare
  5. 13 Iceland 2.6% compare
  6. 14 China 2.6% compare
  7. 15 Netherlands 2.3% compare

See the full ranking of 166 places →

More science & technology data for SDG: Europe

All data for SDG: Europe →

Frequently asked questions

What is gerd as a percentage of gdp in SDG: Europe?
Gerd as a percentage of gdp in SDG: Europe was 2.0% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in SDG: Europe?
The highest recorded value was 2.0% in 2020.
What is the lowest gerd as a percentage of gdp recorded in SDG: Europe?
The lowest recorded value was 1.6% in 1996.
How does SDG: Europe rank for gerd as a percentage of gdp?
SDG: Europe ranks 12th out of 50 groups with data for 2023.
Is gerd as a percentage of gdp rising or falling in SDG: Europe?
Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
Where does this SDG: Europe data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in SDG: Europe. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/sdg-europe/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release