Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Belgium
Belgium: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 14,545 Million euro in 2024. ▲ Rising
Latest (2024)
14,545 Million euro
Change on year
up 3.3%
World rank
15th
of 54 countries
All-time high
14,545 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
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 14,545 Million euro, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 3.3% on the previous year and up 117.9% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Belgium peaked at 14,545 Million euro in 2024 and was at its lowest, 3,776 Million euro, in 2005.
Belgium ranks 15th of 54 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 … 2 in Belgium, year by year
| 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 | 14,545 Million euro | +3.3% |
Belgium compared with similar countries
- Belgium's 14,545 Million euro is above the median for Europe & Central Asia, which is 3,162 Million euro, 4.6× the median. (35 countries reporting)
- Belgium's 14,545 Million euro is above the median for high income countries, which is 6,039 Million euro, 2.4× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 13,217 Million euro | 11,538 Million euro | 14,545 Million euro | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (2025)
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 14,545 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 14,545 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 15th out of 54 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 117.9%. 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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