Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Estonia
Estonia: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 472.23 Million euro in 2024. ◆ Volatile
Latest (2024)
472.23 Million euro
Change on year
up 16.4%
World rank
40th
of 52 countries
All-time high
472.23 Million euro
in 2024
All-time low
46.9 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Estonia, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia stood at 472.23 Million euro. That is the highest value across all 20 years on record.
That represents a change of up 16.4% on the previous year and up 278.3% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia peaked at 472.23 Million euro in 2024 and was at its lowest, 46.9 Million euro, in 2005.
Estonia ranks 40th of 52 countries on this measure, in the bottom quarter.
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 Estonia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 46.9 Million euro | — |
| 2006 | 67.09 Million euro | +43.1% |
| 2007 | 81.88 Million euro | +22.0% |
| 2008 | 89.88 Million euro | +9.8% |
| 2009 | 88.21 Million euro | -1.9% |
| 2010 | 116.76 Million euro | +32.4% |
| 2011 | 242.84 Million euro | +108.0% |
| 2012 | 219 Million euro | -9.8% |
| 2013 | 155.6 Million euro | -28.9% |
| 2014 | 124.83 Million euro | -19.8% |
| 2015 | 139.45 Million euro | +11.7% |
| 2016 | 139.21 Million euro | -0.2% |
| 2017 | 143.62 Million euro | +3.2% |
| 2018 | 154.84 Million euro | +7.8% |
| 2019 | 241.5 Million euro | +56.0% |
| 2020 | 264.29 Million euro | +9.4% |
| 2021 | 307.65 Million euro | +16.4% |
| 2022 | 360.73 Million euro | +17.3% |
| 2023 | 405.61 Million euro | +12.4% |
| 2024 | 472.23 Million euro | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.79 Million euro | 46.9 Million euro | 89.88 Million euro | 5 |
| 2010s | 167.77 Million euro | 116.76 Million euro | 242.84 Million euro | 10 |
| 2020s | 362.1 Million euro | 264.29 Million euro | 472.23 Million euro | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Total reserves minus gold (current US$), annual growth rate 17.06 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0511 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,759 current US$ per person (2025)
- General government final consumption expenditure (current US$) 11.22 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2146 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 7,385 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.53 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1899 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 6,535 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.56 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia was 472.23 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 Estonia?
- The highest recorded value was 472.23 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Estonia?
- The lowest recorded value was 46.9 Million euro in 2005.
- How does Estonia rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Estonia ranks 40th 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 Estonia?
- Over the last ten years it is up 278.3%. The long-run trend across the full record is volatile.
- Where does this Estonia 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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