Latvia vs Serbia: Business enterprise R&D expenditure in high-tech sectors by NACE … 2

Latvia
146.34 Million euro
in 2024
Serbia
356.12 Million euro
in 2024
Latvia rank
47th
Serbia rank
44th

Business enterprise R&D expenditure in high-tech sectors by NACE … 2 over time

  • Latvia
  • Serbia
0100200300400200520142024

How they compare

Serbia currently reports 356.12 Million euro against 146.34 Million euro in Latvia, a difference of 209.78 Million euro.

That makes Serbia's figure about 2.4 times Latvia's.

The two have swapped places 4 times across 16 shared years of data; in 2009 it was Serbia ahead.

Latvia ranks 47th and Serbia ranks 44th of 54 countries.

Serbia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latvia Serbia Difference Ahead
2000s 30.89 Million euro 38.02 Million euro 7.13 Million euro Serbia
2010s 40.94 Million euro 87.79 Million euro 46.85 Million euro Serbia
2020s 108.09 Million euro 260.67 Million euro 152.58 Million euro Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher business enterprise r&d expenditure in high-tech sectors by nace rev., Latvia or Serbia?
Serbia, at 356.12 Million euro against 146.34 Million euro in Latvia as of 2024.
What is the difference in business enterprise r&d expenditure in high-tech sectors by nace rev. between Latvia and Serbia?
209.78 Million euro, with Serbia ahead.
How many years of comparable data are there for Latvia and Serbia?
16 years are reported by both, from 2009 to 2024.
How do Latvia and Serbia rank globally for business enterprise r&d expenditure in high-tech sectors by nace rev.?
Latvia ranks 47th and Serbia ranks 44th of 54 countries.
Where does this data come from?
Eurostat, published as Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Latvia vs Serbia: Business enterprise R&D expenditure in high-tech sectors by NACE Rev.. Statizoid, drawing on Eurostat. Retrieved 09 November 2026, from https://economy.statizoid.com/compare/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-2/latvia-2/serbia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Eurostat); please keep the attribution.

<a href="https://economy.statizoid.com/compare/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-2/latvia-2/serbia/">Latvia vs Serbia: Business enterprise R&D expenditure in high-tech sectors by NACE Rev.</a> — Statizoid

About this data

Indicator
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,068 data points, 2005–2024
Last refreshed