EU’s Research and Development Expenditure Reaches 352 Billion Euros in 2022
The European Union’s spending on research and development (R&D) reached a record 352 billion euros in 2022, marking a 6.34% increase from the previous year and a striking 48.52% rise from 2012. This emphasizes the EU’s commitment to advancing innovation and technological progress.
Research and Development Intensity
When looking at research and development intensity as a percentage of GDP, the data shows a slight decrease from 2.27% in 2021 to 2.22% in 2022. However, several EU members recorded R&D intensity above 3% in 2022, with Belgium leading the way at 3.44%, followed by Sweden, Austria, and Germany.
Conversely, eight EU countries reported R&D intensity below 1%, with Romania, Malta, Latvia, Cyprus, and Bulgaria at the lowest end of the spectrum. The overall research and development intensity in the EU increased by 0.14 percentage points from 2012 to 2022, with notable increases in Belgium, Greece, and Croatia.
On the expenditure front, the business sector accounted for 66% of research and development spending in 2022, followed by the higher education sector, the public sector, and the private non-profit sector.
Temporary Data and Methodological Record
The findings are based on temporary data published by Eurostat, with some limitations in the availability of 2022 data for certain countries. For instance, data for Denmark is missing for 2022, and instead, 2021 data is used.
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EU Reporter is committed to presenting diverse perspectives, and the views expressed in this article may not necessarily reflect those of the EU rapporteur.
In 2022, the EU spent 352 billion euros on research and development (R&D), up 6.34% from the previous year (331 billion euros) and 48.52% more than in 2012 (237 billion euros).
Looking at Research and development intensitylike Research and development expenses as a percentage of GDPThe data shows a slight decrease from 2.27% in 2021 to 2.22% in 2022.
Among EU members, 4 countries recorded R&D intensity above 3% in 2022. The highest R&D intensity was recorded in Belgium (3.44%), followed by Sweden (3.40%), Austria (3.20%) and Germany (3.13%)
Source dataset: rd_e_gerdtot
On the contrary Eight EU countries report research and development intensity below 1%: Romania (0.46%), Malta (0.65%), Latvia (0.75%), Cyprus and Bulgaria (0.77%) which have the lowest proportion. This is followed by Ireland, Slovakia and Luxembourg with almost 1% each.
Between 2012 and 2022, research and development intensity in the EU increased by 0.14. percentage score (p) The highest increase was recorded in Belgium (1.16 per capita), Greece (0.77 per capita) and Croatia (0.69 per capita).
On the contrary, the intensity of research and development decreased in 8 countries. Ireland decreased by -0.6 pp, followed by Finland (-0.45 pp), Estonia (-0.35 pp), Slovenia (-0.30 pp), Luxembourg (- 0.23 pp), Denmark (-0.22 pp), Malta (-0.15 pp) and France (-0.13 pp).
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Business sector: 66% of research and development expenditure
Business continues to account for the largest share of research and development spending in 2022, accounting for 66% of EU research and development spending. This totaled €233 billion, followed by the higher education sector (22%; €76 billion), the public sector (11%, €37 billion) and the private non-profit sector (1%; €5 billion) . euro)
Source dataset: rd_e_gerdtot
This information comes from Temporary data In terms of research and development expenditure published by Eurostat, this article presents some of the findings in more detail. Statistics that describe the article.
Additional information
A methodological record
Data for 2022 is missing for Denmark. Instead, it uses 2021 data.
If you have any questions, please visit Contact us page.
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EU Reporter publishes articles from a variety of external sources. which shows a variety of views The view in these articles is not necessarily that of the EU rapporteur.
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EU R&D Expenditure: Trends, Intensity, and Sector Highlights in 2022
Home » World » EU R&D Expenditure: Trends, Intensity, and Sector Highlights in 2022
EU’s Research and Development Expenditure Reaches 352 Billion Euros in 2022
The European Union’s spending on research and development (R&D) reached a record 352 billion euros in 2022, marking a 6.34% increase from the previous year and a striking 48.52% rise from 2012. This emphasizes the EU’s commitment to advancing innovation and technological progress.
Research and Development Intensity
When looking at research and development intensity as a percentage of GDP, the data shows a slight decrease from 2.27% in 2021 to 2.22% in 2022. However, several EU members recorded R&D intensity above 3% in 2022, with Belgium leading the way at 3.44%, followed by Sweden, Austria, and Germany.
Conversely, eight EU countries reported R&D intensity below 1%, with Romania, Malta, Latvia, Cyprus, and Bulgaria at the lowest end of the spectrum. The overall research and development intensity in the EU increased by 0.14 percentage points from 2012 to 2022, with notable increases in Belgium, Greece, and Croatia.
On the expenditure front, the business sector accounted for 66% of research and development spending in 2022, followed by the higher education sector, the public sector, and the private non-profit sector.
Temporary Data and Methodological Record
The findings are based on temporary data published by Eurostat, with some limitations in the availability of 2022 data for certain countries. For instance, data for Denmark is missing for 2022, and instead, 2021 data is used.
If you have any questions or need further information, please visit the Contact Us page.
Share this article:
EU Reporter is committed to presenting diverse perspectives, and the views expressed in this article may not necessarily reflect those of the EU rapporteur.
In 2022, the EU spent 352 billion euros on research and development (R&D), up 6.34% from the previous year (331 billion euros) and 48.52% more than in 2012 (237 billion euros).
Looking at Research and development intensitylike Research and development expenses as a percentage of GDPThe data shows a slight decrease from 2.27% in 2021 to 2.22% in 2022.
Among EU members, 4 countries recorded R&D intensity above 3% in 2022. The highest R&D intensity was recorded in Belgium (3.44%), followed by Sweden (3.40%), Austria (3.20%) and Germany (3.13%)
Source dataset: rd_e_gerdtot
On the contrary Eight EU countries report research and development intensity below 1%: Romania (0.46%), Malta (0.65%), Latvia (0.75%), Cyprus and Bulgaria (0.77%) which have the lowest proportion. This is followed by Ireland, Slovakia and Luxembourg with almost 1% each.
Between 2012 and 2022, research and development intensity in the EU increased by 0.14. percentage score (p) The highest increase was recorded in Belgium (1.16 per capita), Greece (0.77 per capita) and Croatia (0.69 per capita).
On the contrary, the intensity of research and development decreased in 8 countries. Ireland decreased by -0.6 pp, followed by Finland (-0.45 pp), Estonia (-0.35 pp), Slovenia (-0.30 pp), Luxembourg (- 0.23 pp), Denmark (-0.22 pp), Malta (-0.15 pp) and France (-0.13 pp).
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Business sector: 66% of research and development expenditure
Business continues to account for the largest share of research and development spending in 2022, accounting for 66% of EU research and development spending. This totaled €233 billion, followed by the higher education sector (22%; €76 billion), the public sector (11%, €37 billion) and the private non-profit sector (1%; €5 billion) . euro)
Source dataset: rd_e_gerdtot
This information comes from Temporary data In terms of research and development expenditure published by Eurostat, this article presents some of the findings in more detail. Statistics that describe the article.
Additional information
A methodological record
Data for 2022 is missing for Denmark. Instead, it uses 2021 data.
If you have any questions, please visit Contact us page.
Share this article:
EU Reporter publishes articles from a variety of external sources. which shows a variety of views The view in these articles is not necessarily that of the EU rapporteur.
#spending #reach #billion #Reporter
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