Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Bulgaria
Bulgaria: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 524.12 Million euro in 2024. ◆ Volatile
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Bulgaria, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
Bulgaria recorded 524.12 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.6% on the previous year and up 134.6% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Bulgaria peaked at 524.12 Million euro in 2024 and was at its lowest, 22.91 Million euro, in 2005.
That places Bulgaria 39th out of 52 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Bulgaria, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 22.91 Million euro | — |
| 2006 | 30.88 Million euro | +34.8% |
| 2007 | 43.49 Million euro | +40.8% |
| 2008 | 51.7 Million euro | +18.9% |
| 2009 | 55.31 Million euro | +7.0% |
| 2010 | 108.45 Million euro | +96.1% |
| 2011 | 116.93 Million euro | +7.8% |
| 2012 | 153.55 Million euro | +31.3% |
| 2013 | 162.92 Million euro | +6.1% |
| 2014 | 223.42 Million euro | +37.1% |
| 2015 | 318.99 Million euro | +42.8% |
| 2016 | 275.04 Million euro | -13.8% |
| 2017 | 273.07 Million euro | -0.7% |
| 2018 | 304.78 Million euro | +11.6% |
| 2019 | 344.17 Million euro | +12.9% |
| 2020 | 353.35 Million euro | +2.7% |
| 2021 | 361.59 Million euro | +2.3% |
| 2022 | 438.87 Million euro | +21.4% |
| 2023 | 482.54 Million euro | +10.0% |
| 2024 | 524.12 Million euro | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.86 Million euro | 22.91 Million euro | 55.31 Million euro | 5 |
| 2010s | 228.13 Million euro | 108.45 Million euro | 344.17 Million euro | 10 |
| 2020s | 432.09 Million euro | 353.35 Million euro | 524.12 Million euro | 5 |
Countries ranked near Bulgaria
More economy & growth data for Bulgaria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.58 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 2.1 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3144 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 6,391 current US$ per person (2025)
- General government final consumption expenditure (current US$) 21.6 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2082 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 4,233 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 16.72 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1847 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Bulgaria?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Bulgaria was 524.12 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 Bulgaria?
- The highest recorded value was 524.12 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Bulgaria?
- The lowest recorded value was 22.91 Million euro in 2005.
- How does Bulgaria rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Bulgaria ranks 39th 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 Bulgaria?
- Over the last ten years it is up 134.6%. The long-run trend across the full record is volatile.
- Where does this Bulgaria 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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