Analytics, Education and Science, EU – Baltic States, Financial Services

International Internet Magazine. Baltic States news & analytics Wednesday, 18.07.2018, 23:26

Lithuania's R&D intensity among EU's lowest in 2016

BC, Vilnius, 04.12.2017.Print version
Lithuania in 2016 spent 286 million euros on research and development (R&D), which accounted for 0.74% of GDP, among the lowest ratios in the European Union, figures from Eurostat showed on December 1st, cites LETA/BNS.

Latvia's spending was 0.44% of the GDP and Estonia's R&D spending was 1.28% of the GDP, while the EU average was 2.03%.

 

Some 49% of Lithuania's R&D expenditure was in the higher education sector, while another 36% went to the business sector and 19% to the public sector.






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