328 billion Euro resource from EU to R&D

European Union (EU) member countries transferred a total of 328 billion euros to research and development (R&D) expenditures last year.

The European Statistical Office (Eurostat) has published the data on the R&D expenditures of the 27 member countries of the union for 2021.


According to the data, while EU member countries spent 310 billion euros on R&D in 2020, the amount of spending increased to 328 billion euros in 2021.

Thus, R&D expenditures of European countries increased by about 6 percent last year compared to the previous year.

EU countries spent 2.27 percent of their Gross Domestic Product (GDP) on R&D in 2021.

In the said period, 66.08 percent of R&D expenditures were made by the private sector, 21.58 percent by higher education institutions, 11.89 percent by public and 0.44 percent by non-profit institutions.

Among EU member states, the countries with the highest ratio of R&D expenditure to GDP in 2021 were Sweden with 3.35 percent, Austria with 3.22 percent, Belgium with 3.19 percent and Germany with 3.13 percent.


The countries with the lowest values ​​were Romania with 0.48 percent, Malta with 0.65 percent and Latvia with 0.71 percent.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button