R&D expenditure in the EU stable at slightly above 2% of GDP in 2014
In 2014, the Member States of the EU spent all together around EUR 283 billion on R&D
The R&D intensity, i.e .R&D expenditure as a percentage of GDP, stood at 2.03 % in 2014, the same as in 2013. Ten years ago (2004), R&D intensity was 1.76%.
With respect to other major economies, R&D intensity in the EU was much lower than in South Korea (4.15 % in 2013) and Japan (3.47 % in 2013) and lower than in the United States (2.81 % in 2012), while it was about the same level as inChina (2.08 % in 2013) and higher than in Russia (1.15 %).
In order to provide a stimulus to the EU’s competitiveness, an increase by 2020 of the R&D intensity to 3% in the EU is one of the five headline targets of the Europe 2020 strategy.
The business enterprise sector continues to be the main sector in which R&D expenditure was spent, accounting for 64 % of total R&D conducted in 2014, followed by the higher education sector (23%), the government sector (12 %) and the private non-profit sector (1 %).
This information on Research and Development in the EU is published by Eurostat, the statistical office of the European Union.
R&D is a major driver of innovation, and R&D expenditure and intensity are two of the key indicators used to monitor resources devoted to science and technology worldwide.
In 2014, the highest R&D intensities were noted in Finland (3.17 %), Sweden (3.16 %) and Denmark (3.08 %), all with R&D expenditure above 3% of GDP, closely followed by Austria (2.99 %) and Germany (2.84 %). Belgium (2.46 %), Slovenia (2.39 %) and France (2.26 %) registered R&D expenditure above 2 % of GDP.
At the opposite end of the scale, nine Member States recorded an R&D intensity below 1 %: Romania (0.38 %), Cyprus (0.47 %), Latvia (0.68 %), Croatia (0.79%), Bulgaria (0.80 %), Greece (0.83 %), Malta (0.85 %), Slovakia (0.89 %) and Poland (0.94 %). Compared with 2004, R&D intensity increased in twenty-three Member States, decreased in Croatia (from 1.03 % in 2004 to 0.79% in 2014), Luxembourg (from 1.62 % to 1.24 %), Finland (from 3.31% to 3.17%) and Sweden (from 3.39 % to 3.16 %), and remained stable in Romania.
The highest share of R&D spending in the business sector were reported in Slovenia, Ireland, Belgium and Austria. The main sector in which R&D was performed in 2014 was the business enterprise sector in all Member States, except Estonia, Greece, Cyprus, Latvia, Lithuania (where the higher education sector was the dominant performing sector) and Romania (where almost half of R&D expenditure was conducted within the government sector).
The highest shares of R&D expenditure performed in the business sector were observed in Slovenia (77 %), Ireland (73 %), Hungary (72 %), Belgium and Austria (both 71%), Germany and Finland (both 68 %), Sweden (67 %), Bulgaria and France (both 65 %), Denmark and the United Kingdom (both 64 %). Compared with 2004, the share of R&D conducted in the business enterprise sector increased in sixteen Member States, while it decreased in twelve.
In the government sector in Romania and the higher education sector in Cyprus and Lithuania For the government sector, the highest share was registered in Romania(43 %), followed at a distance by Luxembourg (29 %), Slovakia (28 %), Greece (27 %), Croatia (26 %), Bulgaria (25 %), Latvia and Poland (both 24 %).
The highest shares of R&D conducted within the higher education sector were recorded in Cyprus and Lithuania (both 53 %), Portugal (45 %), Estonia (44 %), Latvia (41%) and Greece (38 %).