Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Portugal
Portugal: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 3,162 Million euro in 2024. ▲ Rising
Latest (2024)
3,162 Million euro
Change on year
up 11.2%
World rank
28th
of 54 countries
All-time high
3,162 Million euro
in 2024
All-time low
462.01 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Portugal, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, business enterprise r&d expenditure in high-tech sectors by nace rev. in Portugal stood at 3,162 Million euro. That is the highest value across all 20 years on record.
That represents a change of up 11.2% on the previous year and up 205.2% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Portugal peaked at 3,162 Million euro in 2024 and was at its lowest, 462.01 Million euro, in 2005.
Portugal ranks 28th 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 Portugal, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 462.01 Million euro | — |
| 2006 | 736.4 Million euro | +59.4% |
| 2007 | 1,011 Million euro | +37.3% |
| 2008 | 1,295 Million euro | +28.1% |
| 2009 | 1,311 Million euro | +1.2% |
| 2010 | 1,266 Million euro | -3.4% |
| 2011 | 1,216 Million euro | -3.9% |
| 2012 | 1,153 Million euro | -5.2% |
| 2013 | 1,073 Million euro | -7.0% |
| 2014 | 1,036 Million euro | -3.4% |
| 2015 | 1,037 Million euro | +0.1% |
| 2016 | 1,156 Million euro | +11.6% |
| 2017 | 1,303 Million euro | +12.7% |
| 2018 | 1,425 Million euro | +9.3% |
| 2019 | 1,571 Million euro | +10.2% |
| 2020 | 1,844 Million euro | +17.4% |
| 2021 | 2,154 Million euro | +16.8% |
| 2022 | 2,566 Million euro | +19.2% |
| 2023 | 2,844 Million euro | +10.8% |
| 2024 | 3,162 Million euro | +11.2% |
Portugal compared with similar countries
- Portugal's 3,162 Million euro is above the median for Europe & Central Asia, which is 3,162 Million euro, 1.0× the median. (35 countries reporting)
- Portugal's 3,162 Million euro is below the median for high income countries, which is 6,039 Million euro, 52% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 963.08 Million euro | 462.01 Million euro | 1,311 Million euro | 5 |
| 2010s | 1,224 Million euro | 1,036 Million euro | 1,571 Million euro | 10 |
| 2020s | 2,514 Million euro | 1,844 Million euro | 3,162 Million euro | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Real gdp growth, annual growth rate -28.55 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 357.11 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0135 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 260.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.8183 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Portugal?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Portugal was 3,162 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 Portugal?
- The highest recorded value was 3,162 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Portugal?
- The lowest recorded value was 462.01 Million euro in 2005.
- How does Portugal rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Portugal ranks 28th 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 Portugal?
- Over the last ten years it is up 205.2%. The long-run trend across the full record is rising.
- Where does this Portugal 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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