Research and development expenditure in Euro area
Euro area: Research and development expenditure was 2.3% in 2023. ▲ Rising
Research and development expenditure in Euro area, 1996–2023
Source: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP.
Analysis
In 2023, research and development expenditure in Euro area stood at 2.3%.
That represents a change of up 1.7% on the previous year and up 9.6% over ten years.
Over the whole period, research and development expenditure in Euro area peaked at 2.3% in 2020 and was at its lowest, 1.7%, in 1997.
The long-run direction has been consistently rising across the 28 years of available data.
Research and development expenditure in Euro area, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 1.7% | — |
| 1997 | 1.7% | -1.5% |
| 1998 | 1.7% | +1.5% |
| 1999 | 1.8% | +1.3% |
| 2000 | 1.8% | +2.3% |
| 2001 | 1.8% | -0.6% |
| 2002 | 1.8% | +2.2% |
| 2003 | 1.8% | -1.8% |
| 2004 | 1.8% | -1.3% |
| 2005 | 1.8% | -0.4% |
| 2006 | 1.8% | +1.1% |
| 2007 | 1.8% | +0.3% |
| 2008 | 1.9% | +4.6% |
| 2009 | 2.0% | +4.9% |
| 2010 | 2.0% | +0.3% |
| 2011 | 2.0% | +2.2% |
| 2012 | 2.1% | +2.8% |
| 2013 | 2.1% | +0.9% |
| 2014 | 2.1% | +1.5% |
| 2015 | 2.1% | -0.5% |
| 2016 | 2.1% | +0.2% |
| 2017 | 2.2% | +1.8% |
| 2018 | 2.2% | +1.5% |
| 2019 | 2.2% | +1.9% |
| 2020 | 2.3% | +3.3% |
| 2021 | 2.3% | -1.8% |
| 2022 | 2.3% | -0.3% |
| 2023 | 2.3% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.7% | 1.8% | 4 |
| 2000s | 1.8% | 1.8% | 2.0% | 10 |
| 2010s | 2.1% | 2.0% | 2.2% | 10 |
| 2020s | 2.3% | 2.3% | 2.3% | 4 |
Countries ranked near Euro area
- 1 Israel 6.3% compare
- 2 Republic of Korea 4.9% compare
- 3 Sweden 3.6% compare
- 4 United States of America 3.4% compare
More science & technology data for Euro area
- Scientific and technical journal articles 457,629 (2023)
- Scientific and technical journal articles, per capita 0.0013 units per person (2023)
- Scientific and technical journal articles, per unit of GDP 0 units per US$ of GDP (2023)
- Scientific and technical journal articles, per square kilometre 0.1613 units per square kilometre (2023)
- Digital connectivity composite index 0.703 standard deviations from the yearly mean (2022)
- Scientific and technical journal articles, annual growth rate -2.09 % change on previous year (2023)
- Researchers in R&D 4,867 per million people (2023)
- Technicians in R&D 1,681 per million people (2017)
Frequently asked questions
- What is research and development expenditure in Euro area?
- Research and development expenditure in Euro area was 2.3% in 2023, according to Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO).
- What is the highest research and development expenditure recorded in Euro area?
- The highest recorded value was 2.3% in 2020.
- What is the lowest research and development expenditure recorded in Euro area?
- The lowest recorded value was 1.7% in 1997.
- How does Euro area rank for research and development expenditure?
- Euro area ranks 1st out of 2 regions with data for 2023.
- Is research and development expenditure rising or falling in Euro area?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this Euro area data come from?
- The figures come from Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Research and development expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.