EU governments increased R&D allocations by 5% in 2023

In 2023, the total government budget allocations for R&D (GBARD) across the EU stood at €123 684 million, equivalent to 0.73% of GDP. This was a 5.3% increase compared with 2022 (€117 424 million) and a 54.8% increase compared with 2013 (€79 886 million). This information comes from data on governm…
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