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€363 billion
- In 2022, the EU spent €363 billion on research and development; R&D expenditure as a percentage of GDP stood at 2.27% in 2022, compared with 2.08% in 2012.
ec.europa.eu/eurostat/statistics-explained/index.php?oldid=503835
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Sep 16, 2022 · Between 2020 and 2021, R&D budgets across the 27-country European Union grew 6% from $102.7 billion to $109 billion, finds Eurostat, the EU’s statistical office. Luxembourg had the highest R&D budget allocation per head in 2021, at $689 per person.
- Victoria Masterson
Oct 2, 2024 · Gross domestic expenditure on R&D (GERD) stood at €363 billion in the EU in 2022, which equated to an average of €813 of R&D expenditure per inhabitant.
Dec 1, 2023 · EU expenditure on R&D reaches €352 billion in 2022. In 2022, the EU spent €352 billion on research & development (R&D), 6.34% more than in the previous year (€331 billion) and 48.52% more than in 2012 (€237 billion).
- 5 Rue Alphonse Weicker, Luxembourg, L-2721
Oct 4, 2023 · Final data for 2021 indicates that the EU spent €331 billion on research & development (R&D), up 6.9% compared with the previous year (almost €310 billion). Compared with 2011, there was a 45.0% increase.
- 5 Rue Alphonse Weicker, Luxembourg, L-2721
Dec 14, 2023 · Last year, EU private R&D investment growth surpassed the global average of 12.8% while more than doubling its growth rate in 2021 (6%). It reached its highest rate since 2015 (13.6%), whereas both US companies and China’s experienced a slowdown when compared to 2021.
Dec 14, 2023 · The 2023 Scoreboard lists and analyses both the world’s top 2 500 companies and the top 1 000 EU-based companies with the highest R&D investment in 2022. The top 2 500 have headquarters in 42 countries and over 1 million subsidiaries worldwide, with each company investing over EUR 53 million in R&D in 2022.
2 days ago · At the start of the century, EU countries set the target of spending 3% of GDP on R&D by 2010, but that has since been pushed back to 2030. In 2022, R&D expenditure in the EU was 2.27%, with only four countries surpassing 3%: Sweden, Belgium, Austria and Germany. Meanwhile, South Korea registered 5.21% and the US 3.59%.
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