Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Sweden
Sweden: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 14,575 Million euro in 2024. ▲ Rising
Latest (2024)
14,575 Million euro
Change on year
up 0.7%
World rank
14th
of 54 countries
All-time high
14,575 Million euro
in 2024
All-time low
7,577 Million euro
in 2009
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Sweden, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
Sweden recorded 14,575 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2024. That is the highest value across all 20 years on record.
That represents a change of up 0.7% on the previous year and up 59.7% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Sweden peaked at 14,575 Million euro in 2024 and was at its lowest, 7,577 Million euro, in 2009.
That places Sweden 14th out of 54 countries with data for 2024, putting it in the top 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 … 2 in Sweden, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 7,725 Million euro | — |
| 2006 | 8,754 Million euro | +13.3% |
| 2007 | 8,470 Million euro | -3.2% |
| 2008 | 9,119 Million euro | +7.7% |
| 2009 | 7,577 Million euro | -16.9% |
| 2010 | 8,160 Million euro | +7.7% |
| 2011 | 9,088 Million euro | +11.4% |
| 2012 | 9,417 Million euro | +3.6% |
| 2013 | 9,933 Million euro | +5.5% |
| 2014 | 9,126 Million euro | -8.1% |
| 2015 | 10,218 Million euro | +12.0% |
| 2016 | 10,536 Million euro | +3.1% |
| 2017 | 11,513 Million euro | +9.3% |
| 2018 | 11,091 Million euro | -3.7% |
| 2019 | 11,583 Million euro | +4.4% |
| 2020 | 12,132 Million euro | +4.7% |
| 2021 | 13,328 Million euro | +9.9% |
| 2022 | 14,105 Million euro | +5.8% |
| 2023 | 14,472 Million euro | +2.6% |
| 2024 | 14,575 Million euro | +0.7% |
Sweden compared with similar countries
- Sweden's 14,575 Million euro is above the median for Europe & Central Asia, which is 3,162 Million euro, 4.6× the median. (35 countries reporting)
- Sweden's 14,575 Million euro is above the median for high income countries, which is 6,039 Million euro, 2.4× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,329 Million euro | 7,577 Million euro | 9,119 Million euro | 5 |
| 2010s | 10,066 Million euro | 8,160 Million euro | 11,583 Million euro | 10 |
| 2020s | 13,722 Million euro | 12,132 Million euro | 14,575 Million euro | 5 |
Countries ranked near Sweden
More economy & growth data for Sweden
- Real gdp growth, annual growth rate 599.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.62 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 7.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0143 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 903.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 659.66 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Sweden?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Sweden was 14,575 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 Sweden?
- The highest recorded value was 14,575 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Sweden?
- The lowest recorded value was 7,577 Million euro in 2009.
- How does Sweden rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Sweden ranks 14th 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 Sweden?
- Over the last ten years it is up 59.7%. The long-run trend across the full record is rising.
- Where does this Sweden 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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