Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in United States
United States: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 693,045 Million euro in 2023. ▲ Rising
Latest (2023)
693,045 Million euro
Change on year
up 2.6%
World rank
2nd
of 54 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
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 2nd of 54 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 … 2 in United States, year by year
| 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% |
United States compared with similar countries
- United States's 693,045 Million euro is above the median for high income countries, which is 6,039 Million euro, 114.8× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 United States 722,100 Million euro compare
- 3 Japan 106,380 Million euro compare
- 4 Germany 92,514 Million euro compare
- 5 South Korea 72,319 Million euro compare
More economy & growth data for United States
- Real gdp growth, annual growth rate -24.2 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 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 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
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 2nd out of 54 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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