Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States

United States: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 693,045 Million euro in 2023. ▲ Rising

Latest (2023)
693,045 Million euro
Change on year
up 2.6%
World rank
1st
of 52 countries
All-time high
693,045 Million euro
in 2023
All-time low
181,785 Million euro
in 2005
Years of data
19
2005–2023

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States, 2005–2023

200.0k400.0k600.0k2005201420232005: 181.8k Million euro2006: 197.3k Million euro2007: 196.5k Million euro2008: 197.6k Million euro2009: 202.5k Million euro2010: 210.4k Million euro2011: 211.3k Million euro2012: 235.3k Million euro2013: 242.8k Million euro2014: 256.5k Million euro2015: 331.1k Million euro2016: 352.6k Million euro2017: 368.8k Million euro2018: 387.7k Million euro2019: 454.1k Million euro2020: 485.7k Million euro2021: 541.4k Million euro2022: 675.3k Million euro2023: 693.0k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

United States recorded 693,045 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2023. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 2.6% on the previous year and up 185.4% over ten years.

Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in United States peaked at 693,045 Million euro in 2023 and was at its lowest, 181,785 Million euro, in 2005.

United States ranks 1st of 52 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 19 years of available data.

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States, year by year

Annual values for Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2 in United States, 2005 to 2023.
Year Million euro Change
2005 181,785 Million euro
2006 197,252 Million euro +8.5%
2007 196,474 Million euro -0.4%
2008 197,634 Million euro +0.6%
2009 202,461 Million euro +2.4%
2010 210,438 Million euro +3.9%
2011 211,273 Million euro +0.4%
2012 235,251 Million euro +11.3%
2013 242,849 Million euro +3.2%
2014 256,476 Million euro +5.6%
2015 331,061 Million euro +29.1%
2016 352,639 Million euro +6.5%
2017 368,771 Million euro +4.6%
2018 387,689 Million euro +5.1%
2019 454,149 Million euro +17.1%
2020 485,678 Million euro +6.9%
2021 541,379 Million euro +11.5%
2022 675,255 Million euro +24.7%
2023 693,045 Million euro +2.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 195,121 Million euro 181,785 Million euro 202,461 Million euro 5
2010s 305,060 Million euro 210,438 Million euro 454,149 Million euro 10
2020s 598,839 Million euro 485,678 Million euro 693,045 Million euro 4

Countries ranked near United States

  1. 1 United States of America 693,045 Million euro compare
  2. 3 Japan 106,059 Million euro compare
  3. 4 Germany 92,509 Million euro compare

See the full ranking of 56 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is business enterprise r&d expenditure in high-tech sectors by nace rev. in United States?
Business enterprise r&d expenditure in high-tech sectors by nace rev. in United States was 693,045 Million euro in 2023, according to Eurostat.
What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in United States?
The highest recorded value was 693,045 Million euro in 2023.
What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in United States?
The lowest recorded value was 181,785 Million euro in 2005.
How does United States rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
United States ranks 1st out of 52 countries with data for 2023.
Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in United States?
Over the last ten years it is up 185.4%. The long-run trend across the full record is rising.
Where does this United States 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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Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States. Statizoid, drawing on Eurostat. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-2/united-states-2/

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About this data

Indicator
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,040 data points, 2005–2024
Last refreshed