Analytics, Education and Science, EU – Baltic States, Technology

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 22:41

EU28 member-states spent almost EUR 275 bln on R&D in 2013

BC, Riga, 19.11.2014.Print version
Research and development expenditure in Lithuania in 2013 amounted to EUR 332 million, while back in 2004 it stood at EUR 137 million. In 2013, the EU28 member-states spent almost EUR 275 billion on R&D, informs LETA/ELTA.

In 2013, Lithuania's R&D expenditure accounted for 0.95% of GDP (in 2014 – 0.75%), Eurostat, the statistical office of the European Union, reports.

 

In 2013, the EU28 member-states spent almost EUR 275 billion on R&D. The R&D intensity, i.e. R&D expenditure as a%age of GDP, stood at 2.02% in the EU28 in 2013, compared with 1.76% in 2004. This level remained however lower in the EU28 than in other major economies. R&D intensity was much higher in South Korea (4.04% in 2011) and Japan (3.38% in 2011) as well as, to a lesser extent, in the United States (2.81% in 2012), while in both China (1.98% in 2012) and Russia (1.11%) the R&D intensity was below that of the EU28. In order to provide a stimulus to the EU's competitiveness, an increase of the R&D intensity in the EU28 is one of the five headline targets of the Europe 2020 strategy.

 

The business enterprise sector continued to be the main sector in which R&D expenditure was performed accounting for 64% of total R&D conducted in 2013, followed by the higher education sector (23%), the government sector (12%) and the private non-profit sector (1%).

 

In 2013, the highest R&D intensities were recorded in Finland (3.32%), Sweden (3.21%) and Denmark (3.05%), all above 3% of GDP, followed by Germany (2.94%) and Austria (2.81%). At the opposite end of the scale, ten member-states recorded an R&D intensity below 1% of GDP: Romania (0.39%), Cyprus (0.48%), Latvia (0.60%), Bulgaria (0.65%), Greece (0.78%), Croatia (0.81%), Slovakia (0.83%), Malta (0.85%), Poland (0.87%) and Lithuania (0.95%).

 

Compared with 2004, R&D intensity increased in twenty-two member-states, decreased in Croatia (from 1.03% in 2004 to 0.81% in 2013), Luxembourg (from 1.63% to 1.16%) and Sweden (from 3.39% to 3.21%), and remained almost stable in Romania, Finland and the United Kingdom.






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