Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Malta
Malta: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 86.78 Million euro in 2024. ▲ Rising
Latest (2024)
86.78 Million euro
Change on year
up 11.7%
World rank
49th
of 52 countries
All-time high
86.78 Million euro
in 2024
All-time low
18.08 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Malta, 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 Malta is 86.78 Million euro, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 11.7% on the previous year and up 159.3% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Malta peaked at 86.78 Million euro in 2024 and was at its lowest, 18.08 Million euro, in 2005.
Malta ranks 49th of 52 countries on this measure, in the bottom quarter.
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 Malta, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 18.08 Million euro | — |
| 2006 | 20.68 Million euro | +14.4% |
| 2007 | 20.9 Million euro | +1.0% |
| 2008 | 21.44 Million euro | +2.6% |
| 2009 | 20.12 Million euro | -6.1% |
| 2010 | 24.55 Million euro | +22.0% |
| 2011 | 29.96 Million euro | +22.1% |
| 2012 | 34.18 Million euro | +14.1% |
| 2013 | 30.54 Million euro | -10.6% |
| 2014 | 33.46 Million euro | +9.5% |
| 2015 | 36.73 Million euro | +9.8% |
| 2016 | 36.37 Million euro | -1.0% |
| 2017 | 43.07 Million euro | +18.4% |
| 2018 | 46.99 Million euro | +9.1% |
| 2019 | 49.6 Million euro | +5.5% |
| 2020 | 54.71 Million euro | +10.3% |
| 2021 | 64.22 Million euro | +17.4% |
| 2022 | 65.25 Million euro | +1.6% |
| 2023 | 77.65 Million euro | +19.0% |
| 2024 | 86.78 Million euro | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.25 Million euro | 18.08 Million euro | 21.44 Million euro | 5 |
| 2010s | 36.55 Million euro | 24.55 Million euro | 49.6 Million euro | 10 |
| 2020s | 69.72 Million euro | 54.71 Million euro | 86.78 Million euro | 5 |
Countries ranked near Malta
- 46 Latvia 136 Million euro compare
- 46 Latvia 136 Million euro compare
- 48 Cyprus 102 Million euro compare
- 50 North Macedonia 14.86 Million euro compare
- 51 Bosnia and Herzegovina 14.25 Million euro compare
- 52 Montenegro 3.08 Million euro compare
More economy & growth data for Malta
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.51 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 6.79 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.05 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 50,498 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.55 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.9557 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 45,786 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 6.57 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1779 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Malta?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Malta was 86.78 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 Malta?
- The highest recorded value was 86.78 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Malta?
- The lowest recorded value was 18.08 Million euro in 2005.
- How does Malta rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Malta ranks 49th 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 Malta?
- Over the last ten years it is up 159.3%. The long-run trend across the full record is rising.
- Where does this Malta 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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