Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Belgium

Belgium: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 15,073 Million euro in 2024. ▲ Rising

Latest (2024)
15,073 Million euro
Change on year
up 7.0%
World rank
14th
of 52 countries
All-time high
15,073 Million euro
in 2024
All-time low
3,776 Million euro
in 2005
Years of data
20
2005–2024

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Belgium, 2005–2024

5.0k7.5k10.0k12.5k15.0k2005201420242005: 3.8k Million euro2006: 4.1k Million euro2007: 4.4k Million euro2008: 4.7k Million euro2009: 4.6k Million euro2010: 5.0k Million euro2011: 5.6k Million euro2012: 6.1k Million euro2013: 6.4k Million euro2014: 6.7k Million euro2015: 7.1k Million euro2016: 7.4k Million euro2017: 8.3k Million euro2018: 9.4k Million euro2019: 11.1k Million euro2020: 11.5k Million euro2021: 12.9k Million euro2022: 13.0k Million euro2023: 14.1k Million euro2024: 15.1k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for business enterprise r&d expenditure in high-tech sectors by nace rev. in Belgium is 15,073 Million euro, measured in 2024. That is the highest value across all 20 years on record.

That represents a change of up 7.0% on the previous year and up 125.8% over ten years.

Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Belgium peaked at 15,073 Million euro in 2024 and was at its lowest, 3,776 Million euro, in 2005.

Belgium ranks 14th 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 Belgium, year by year

Annual values for Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2 in Belgium, 2005 to 2024.
Year Million euro Change
2005 3,776 Million euro
2006 4,106 Million euro +8.7%
2007 4,420 Million euro +7.7%
2008 4,650 Million euro +5.2%
2009 4,575 Million euro -1.6%
2010 5,028 Million euro +9.9%
2011 5,613 Million euro +11.6%
2012 6,149 Million euro +9.5%
2013 6,357 Million euro +3.4%
2014 6,676 Million euro +5.0%
2015 7,076 Million euro +6.0%
2016 7,445 Million euro +5.2%
2017 8,334 Million euro +11.9%
2018 9,433 Million euro +13.2%
2019 11,143 Million euro +18.1%
2020 11,538 Million euro +3.5%
2021 12,873 Million euro +11.6%
2022 13,047 Million euro +1.4%
2023 14,085 Million euro +8.0%
2024 15,073 Million euro +7.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4,305 Million euro 3,776 Million euro 4,650 Million euro 5
2010s 7,325 Million euro 5,028 Million euro 11,143 Million euro 10
2020s 13,323 Million euro 11,538 Million euro 15,073 Million euro 5

Countries ranked near Belgium

  1. 11 Netherlands 18,124 Million euro compare
  2. 11 Netherlands 18,124 Million euro compare
  3. 13 Italy 17,366 Million euro compare
  4. 15 Sweden 14,575 Million euro compare
  5. 16 Spain 13,342 Million euro compare
  6. 17 Türkiye 11,871 Million euro compare

See the full ranking of 56 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Belgium?
Business enterprise r&d expenditure in high-tech sectors by nace rev. in Belgium was 15,073 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 Belgium?
The highest recorded value was 15,073 Million euro in 2024.
What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Belgium?
The lowest recorded value was 3,776 Million euro in 2005.
How does Belgium rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
Belgium ranks 14th 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 Belgium?
Over the last ten years it is up 125.8%. The long-run trend across the full record is rising.
Where does this Belgium 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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Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Belgium. Statizoid, drawing on Eurostat. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-2/belgium/

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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
56 places, 1,040 data points, 2005–2024
Last refreshed