Europe R&D Expenditure (% GDP) Ranking (2023)
In 2019, R&D expenditure (% GDP) in Europe was highest in Liechtenstein at 5.87%, followed by Sweden at 3.41% and Belgium at 3.41%. The average R&D expenditure (% GDP) across countries in Europe was 1.67%, the median was 1.40%, and Bosnia & Herzegovina recorded the lowest R&D expenditure (% GDP) at 0.19%, according to the World Bank.
Data is available for the period 1996 to 2023 across 41 countries in Europe.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 5.87% | 2019 | ||
| 2 | 3.41% | 3.39% | 2022 | |
| 3 | 3.41% | 3.4% | 2022 | |
| 4 | 3.31% | 3.2% | 2021 | |
| 5 | 3.2% | 3.26% | 2022 | |
| 6 | 3.13% | 3.13% | 2022 | |
| 7 | 2.96% | 2.99% | 2022 | |
| 8 | 2.9% | 2.94% | 2021 | |
| 9 | 2.89% | 2.76% | 2022 | |
| 10 | 2.6% | 2.78% | 2022 | |
| 11 | 2.26% | 2.27% | 2022 | |
| 12 | 2.23% | 2.22% | 2022 | |
| 13 | 2.1% | 2.13% | 2022 | |
| 14 | 1.96% | 2% | 2022 | |
| 15 | 1.78% | 1.77% | 2022 | |
| 16 | 1.7% | 1.67% | 2022 | |
| 17 | 1.56% | 1.89% | 2022 | |
| 18 | 1.49% | 1.46% | 2022 | |
| 19 | 1.45% | 1.43% | 2022 | |
| 20 | 1.44% | 1.41% | 2022 | |
| 21 | 1.4% | 1.23% | 2022 | |
| 22 | 1.39% | 1.64% | 2022 | |
| 23 | 1.39% | 1.43% | 2022 | |
| 24 | 1.32% | 1.4% | 2022 | |
| 25 | 1.05% | 1.1% | 2022 | |
| 26 | 0.98% | 1.04% | 2022 | |
| 27 | 0.98% | 0.92% | 2022 | |
| 28 | 0.96% | 1.11% | 2022 | |
| 29 | 0.95% | 0.97% | 2023 | |
| 30 | 0.93% | 0.96% | 2022 | |
| 31 | 0.76% | 0.75% | 2022 | |
| 32 | 0.75% | 0.77% | 2022 | |
| 33 | 0.75% | 0.8% | 2022 | |
| 34 | 0.6% | 0.65% | 2022 | |
| 35 | 0.58% | 0.47% | 2023 | |
| 36 | 0.46% | 0.47% | 2022 | |
| 37 | 0.4% | 0.38% | 2023 | |
| 38 | 0.36% | 0.5% | 2019 | |
| 39 | 0.33% | 0.33% | 2023 | |
| 40 | 0.22% | 0.23% | 2023 | |
| 41 | 0.19% | 0.19% | 2023 |
Europe R&D Expenditure (% GDP) Ranking (2023) : Definition
R&D Expenditure (% GDP) measures total spending on research and development during the reporting year, expressed as a percentage of nominal GDP.