Eurostat Reveals Increase in EU R&D Investment to €328 Billion in 2021
Publication of new data on EU R&D expenditure in 2021.
New data on R&D expenditure published by Eurostat shows that in 2021, the EU spent €328 billion on research and development (R&D), up 6% compared with the previous year (€310 billion). Compared over a ten year period with 2011, there was a 43.9% increase in spending.
Among the EU Member States, the highest R&D intensity in 2021 was recorded in Sweden (3.35%), followed by Austria (3.22%) and Belgium (3.19%). Six Member States reported R&D expenditure below 1% of their GDP in 2021: Romania (0.48%), Malta (0.65%), Latvia (0.71%), Bulgaria (0.81%), Cyprus (0.89%) and Slovakia (0.95%).
Two-thirds of EU Member States reported a higher R&D intensity in 2021 than in 2011. However, the most significant decreases in R&D intensity took place in Finland (-0.64 pp), Estonia (-0.51 pp), Ireland (-0.49 pp) and Luxembourg (-0.41 pp).
At the other end of the range, the biggest increases in R&D intensity between 2011 and 2021 were recorded in Belgium (+1.02 pp), Greece (+0.76 pp), Poland (+0.69 pp), Austria (+0.55 pp) and Croatia (+0.53 pp).
Looking at R&D expenditure by sector in the EU, the business enterprise sector continued to account for the largest share of the R&D (66.08% of total R&D disbursed in 2021), followed by the higher education sector (21.58%), the government sector (11.89%) and the private non-profit sector (0.44%).
Further data on EU R&D expenditure is available at the Eurostat website.