Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Spain
Spain: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 13,342 Million euro in 2024. ▲ Rising
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Spain, 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 Spain is 13,342 Million euro, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 5.8% on the previous year and up 96.7% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Spain peaked at 13,342 Million euro in 2024 and was at its lowest, 5,485 Million euro, in 2005.
That places Spain 16th out of 54 countries with data for 2024, putting it 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 Spain, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 5,485 Million euro | — |
| 2006 | 6,558 Million euro | +19.6% |
| 2007 | 7,454 Million euro | +13.7% |
| 2008 | 8,074 Million euro | +8.3% |
| 2009 | 7,568 Million euro | -6.3% |
| 2010 | 7,506 Million euro | -0.8% |
| 2011 | 7,396 Million euro | -1.5% |
| 2012 | 7,094 Million euro | -4.1% |
| 2013 | 6,906 Million euro | -2.6% |
| 2014 | 6,784 Million euro | -1.8% |
| 2015 | 6,920 Million euro | +2.0% |
| 2016 | 7,126 Million euro | +3.0% |
| 2017 | 7,729 Million euro | +8.5% |
| 2018 | 8,445 Million euro | +9.3% |
| 2019 | 8,741 Million euro | +3.5% |
| 2020 | 8,767 Million euro | +0.3% |
| 2021 | 9,696 Million euro | +10.6% |
| 2022 | 10,902 Million euro | +12.4% |
| 2023 | 12,616 Million euro | +15.7% |
| 2024 | 13,342 Million euro | +5.8% |
Spain compared with similar countries
- Spain's 13,342 Million euro is above the median for Europe & Central Asia, which is 3,162 Million euro, 4.2× the median. (35 countries reporting)
- Spain's 13,342 Million euro is above the median for high income countries, which is 6,039 Million euro, 2.2× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,028 Million euro | 5,485 Million euro | 8,074 Million euro | 5 |
| 2010s | 7,465 Million euro | 6,784 Million euro | 8,741 Million euro | 10 |
| 2020s | 11,065 Million euro | 8,767 Million euro | 13,342 Million euro | 5 |
Countries ranked near Spain
More economy & growth data for Spain
- Real gdp growth, annual growth rate -19.94 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -9.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 298.15 units per person (2025)
- SDRs holdings, SDR, annual growth rate -13.48 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 217.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.3 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Spain?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Spain was 13,342 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 Spain?
- The highest recorded value was 13,342 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Spain?
- The lowest recorded value was 5,485 Million euro in 2005.
- How does Spain rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Spain ranks 16th 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 Spain?
- Over the last ten years it is up 96.7%. The long-run trend across the full record is rising.
- Where does this Spain 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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