Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Austria
Austria: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 11,120 Million euro in 2024. ▲ Rising
Latest (2024)
11,120 Million euro
Change on year
up 4.7%
World rank
18th
of 52 countries
All-time high
11,120 Million euro
in 2024
All-time low
4,208 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Austria, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, business enterprise r&d expenditure in high-tech sectors by nace rev. in Austria stood at 11,120 Million euro. That is the highest value across all 20 years on record.
The figure is up 4.7% on the previous year and up 51.8% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Austria peaked at 11,120 Million euro in 2024 and was at its lowest, 4,208 Million euro, in 2005.
Austria ranks 18th of 52 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Austria, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 4,208 Million euro | — |
| 2006 | 4,449 Million euro | +5.7% |
| 2007 | 4,846 Million euro | +8.9% |
| 2008 | 5,233 Million euro | +8.0% |
| 2009 | 5,093 Million euro | -2.7% |
| 2010 | 5,520 Million euro | +8.4% |
| 2011 | 5,693 Million euro | +3.1% |
| 2012 | 6,540 Million euro | +14.9% |
| 2013 | 6,778 Million euro | +3.6% |
| 2014 | 7,325 Million euro | +8.1% |
| 2015 | 7,498 Million euro | +2.4% |
| 2016 | 7,825 Million euro | +4.3% |
| 2017 | 7,888 Million euro | +0.8% |
| 2018 | 8,323 Million euro | +5.5% |
| 2019 | 8,749 Million euro | +5.1% |
| 2020 | 8,483 Million euro | -3.0% |
| 2021 | 9,108 Million euro | +7.4% |
| 2022 | 9,804 Million euro | +7.6% |
| 2023 | 10,618 Million euro | +8.3% |
| 2024 | 11,120 Million euro | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,766 Million euro | 4,208 Million euro | 5,233 Million euro | 5 |
| 2010s | 7,214 Million euro | 5,520 Million euro | 8,749 Million euro | 10 |
| 2020s | 9,827 Million euro | 8,483 Million euro | 11,120 Million euro | 5 |
Countries ranked near Austria
More economy & growth data for Austria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.801 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.9157 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 1.97 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.4841 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 30,464 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.2954 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4318 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 27,175 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 8.26 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2353 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Austria?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Austria was 11,120 Million euro in 2024, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Austria?
- The highest recorded value was 11,120 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Austria?
- The lowest recorded value was 4,208 Million euro in 2005.
- How does Austria rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Austria ranks 18th out of 52 countries with data for 2024.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Austria?
- Over the last ten years it is up 51.8%. The long-run trend across the full record is rising.
- Where does this Austria data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
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