In 2024, the total government budget allocations for R&D (GBARD) across the EU stood at an estimated €127 916 million, equivalent to 0.71% of GDP. This indicates a 3.4% increase compared with 2023 (€123 675 million) and a 59.5% increase compared with 2014 (€80 175 million).
This information comes from data on government budget allocations for R&D (GBARD) published by Eurostat today. The article presents a handful of findings from the more detailed Statistics Explained article.
In 2024, government budget allocations for R&D at the EU level stood at €284.7 per person, a 57.0% increase compared with 2014 (€181.3 per person).
The highest allocations among EU countries were recorded in Luxembourg (€759.2 per person), followed at some distance by Denmark (€586.8) and the Netherlands (€542.7). On the other hand, the lowest R&D budget allocations per person were in Romania (€19.1 per person), Bulgaria (€38.3) and Hungary (€58.7). It should be noted as well that changes in GBARD per capita may reflect population changes of the countries. (....)