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Euro Area R&D Expenditure (% GDP)

Euro Area's R&D expenditure (% GDP) fell to 2.28% in 2022, down from 2.29% in 2021, according to World Bank. This represents a decrease of 0.01% from the previous year.

Yearly Historical Data (1996-2022)

(in %)
Year R&D Expenditure (% GDP)
2022 2.28%
2021 2.29%
2020 2.33%
2019 2.25%
2018 2.21%
2017 2.18%
2016 2.14%
2015 2.14%
2014 2.15%
2013 2.11%
2012 2.1%
2011 2.04%
2010 1.99%
2009 1.99%
2008 1.89%
2007 1.81%
2006 1.8%
2005 1.78%
2004 1.78%
2003 1.81%
2002 1.84%
2001 1.8%
2000 1.81%
1999 1.77%
1998 1.74%
1997 1.71%
1996 1.74%
Euro Area R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Euro Area's total economic output spent on research and development.
Indicator Last Value Prior Value Period
GDP $16.41T $15.79T 2024
GDP Annual Growth Rate 0.86% 0.42% 2024
GDP Growth Rate (QoQ) 0.1% 0.6% Jun'25
GDP Growth Rate (YoY) 1.5% 1.6% Jun'25
GDP per Capita $38,145.12 $37,908.58 2024
GDP per Capita PPP $56,326.23 $55,940.09 2024
Real GDP $13.39T $13.28T 2024