Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Euro area – 20 countries (2023-2025)
Euro area – 20 countries (2023-2025): Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 231,265 Million euro in 2024. ▲ Rising
Latest (2024)
231,265 Million euro
Change on year
up 3.7%
Rank
4th
of 4 regions
All-time high
231,265 Million euro
in 2024
All-time low
94,689 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Euro area – 20 countries (2023-2025), 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 Euro area – 20 countries (2023-2025) is 231,265 Million euro, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 3.7% on the previous year and up 64.6% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Euro area – 20 countries (2023-2025) peaked at 231,265 Million euro in 2024 and was at its lowest, 94,689 Million euro, in 2005.
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 Euro area – 20 countries (2023-2025), year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 94,689 Million euro | — |
| 2006 | 101,729 Million euro | +7.4% |
| 2007 | 108,229 Million euro | +6.4% |
| 2008 | 115,235 Million euro | +6.5% |
| 2009 | 114,022 Million euro | -1.1% |
| 2010 | 118,213 Million euro | +3.7% |
| 2011 | 126,788 Million euro | +7.3% |
| 2012 | 131,856 Million euro | +4.0% |
| 2013 | 134,984 Million euro | +2.4% |
| 2014 | 140,542 Million euro | +4.1% |
| 2015 | 146,191 Million euro | +4.0% |
| 2016 | 151,606 Million euro | +3.7% |
| 2017 | 162,378 Million euro | +7.1% |
| 2018 | 170,901 Million euro | +5.2% |
| 2019 | 180,908 Million euro | +5.9% |
| 2020 | 175,844 Million euro | -2.8% |
| 2021 | 187,944 Million euro | +6.9% |
| 2022 | 205,415 Million euro | +9.3% |
| 2023 | 223,090 Million euro | +8.6% |
| 2024 | 231,265 Million euro | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 106,781 Million euro | 94,689 Million euro | 115,235 Million euro | 5 |
| 2010s | 146,437 Million euro | 118,213 Million euro | 180,908 Million euro | 10 |
| 2020s | 204,712 Million euro | 175,844 Million euro | 231,265 Million euro | 5 |
Countries ranked near Euro area – 20 countries (2023-2025)
- 1 United States of America 693,045 Million euro compare
- 1 United States 693,045 Million euro compare
- 3 Japan 106,059 Million euro compare
- 4 Germany 92,509 Million euro compare
- 5 Korea 66,741 Million euro compare
- 5 South Korea 66,741 Million euro compare
- 7 France 42,006 Million euro compare
More economy & growth data for Euro area – 20 countries (2023-2025)
- Gross value added and income by main industry (NACE Rev.2 ) 111.94 Chain linked volumes, index 2020=100 (2026)
- Gross domestic product (GDP) and main components (output, expenditure) 111.94 Chain linked volumes, index 2020=100 (2026)
- Gross domestic product (GDP) and main components per capita 11,130 Current prices, euro per capita (2026)
- Economic sentiment and confidence indicators by sector - monthly data -6.2 (2025)
- Construction producer prices or costs, new residential buildings 127.3 Index, 2021=100 (2026)
- Purchasing power parities, price level indices, nominal and real 1.04 (2025)
- Purchasing power parities, price level indices, nominal and real 1.04 (2024)
- Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices 103.23 Index, 2025=100 (2026)
- Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - item 1,000 (2026)
- Gross domestic product (GDP) and main components (output, expenditure) 113.85 Chain linked volumes, index 2020=100 (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Euro area – 20 countries (2023-2025)?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Euro area – 20 countries (2023-2025) was 231,265 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 Euro area – 20 countries (2023-2025)?
- The highest recorded value was 231,265 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Euro area – 20 countries (2023-2025)?
- The lowest recorded value was 94,689 Million euro in 2005.
- How does Euro area – 20 countries (2023-2025) rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Euro area – 20 countries (2023-2025) ranks 4th out of 4 regions with data for 2024.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Euro area – 20 countries (2023-2025)?
- Over the last ten years it is up 64.6%. The long-run trend across the full record is rising.
- Where does this Euro area – 20 countries (2023-2025) 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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