EU spent €381.4 billion on R&D in 2023

In 2023, the EU spent €381.4 billion on research & development (R&D), which is 6.7% more than in the previous year (€357.4 billion) and 57.9% more than in 2013 (€241.5 billion). R&D intensity, defined as R&D expenditure as a percentage of GDP, remained stable compared with 2022 (2.2%). Between 2013…
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