Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in United Kingdom
United Kingdom: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 30,179 Million euro in 2019. ▲ Rising
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United Kingdom, 2005–2019
Source: Eurostat. Measured in Million euro.
Analysis
United Kingdom recorded 30,179 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2019. That is the highest value across all 15 years on record.
That represents a change of up 6.6% on the previous year and up 72.1% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in United Kingdom peaked at 30,179 Million euro in 2019 and was at its lowest, 17,536 Million euro, in 2009.
That places United Kingdom 8th out of 54 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in United Kingdom, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 19,464 Million euro | — |
| 2006 | 20,984 Million euro | +7.8% |
| 2007 | 22,840 Million euro | +8.8% |
| 2008 | 19,963 Million euro | -12.6% |
| 2009 | 17,536 Million euro | -12.2% |
| 2010 | 18,730 Million euro | +6.8% |
| 2011 | 20,058 Million euro | +7.1% |
| 2012 | 21,097 Million euro | +5.2% |
| 2013 | 21,722 Million euro | +3.0% |
| 2014 | 24,729 Million euro | +13.8% |
| 2015 | 28,774 Million euro | +16.4% |
| 2016 | 27,120 Million euro | -5.7% |
| 2017 | 27,017 Million euro | -0.4% |
| 2018 | 28,312 Million euro | +4.8% |
| 2019 | 30,179 Million euro | +6.6% |
United Kingdom compared with similar countries
- United Kingdom's 30,179 Million euro is above the median for Europe & Central Asia, which is 3,162 Million euro, 9.5× the median. (35 countries reporting)
- United Kingdom's 30,179 Million euro is above the median for high income countries, which is 6,039 Million euro, 5.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,158 Million euro | 17,536 Million euro | 22,840 Million euro | 5 |
| 2010s | 24,774 Million euro | 18,730 Million euro | 30,179 Million euro | 10 |
Countries ranked near United Kingdom
- 5 South Korea 72,319 Million euro compare
- 6 Korea 66,741 Million euro compare
- 7 France 42,023 Million euro compare
- 8 United Kingdom 30,179 Million euro compare
- 10 Netherlands 18,720 Million euro compare
- 11 Switzerland 18,479 Million euro compare
More economy & growth data for United Kingdom
- Real gdp growth, annual growth rate 21.6 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 1.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 571.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 417.14 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.15 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in United Kingdom?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in United Kingdom was 30,179 Million euro in 2019, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in United Kingdom?
- The highest recorded value was 30,179 Million euro in 2019.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in United Kingdom?
- The lowest recorded value was 17,536 Million euro in 2009.
- How does United Kingdom rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- United Kingdom ranks 8th out of 54 countries with data for 2019.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in United Kingdom?
- Over the last ten years it is up 72.1%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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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