Business expenditure on R&D (BERD) in ICT sector as % of total R&D in European Union - 27 countries (from 2020)
European Union - 27 countries (from 2020): Business expenditure on R&D (BERD) in ICT sector as % of total R&D was 3.2% in 2023. ▲ Rising
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in European Union - 27 countries (from 2020), 2009–2023
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for business expenditure on r&d (berd) in ict sector as % of total r&d in European Union - 27 countries (from 2020) is 3.2%, measured in 2023. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 32.0% on the previous year and up 26.7% over ten years.
Over the whole period, business expenditure on r&d (berd) in ict sector as % of total r&d in European Union - 27 countries (from 2020) peaked at 3.2% in 2023 and was at its lowest, 2.4%, in 2018.
The long-run direction has been consistently rising across the 11 years of available data.
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in European Union - 27 countries (from 2020), year by year
| Year | Percentage | Change |
|---|---|---|
| 2009 | 2.6% | — |
| 2010 | 2.5% | -3.8% |
| 2011 | 2.5% | +1.2% |
| 2012 | 2.6% | +1.2% |
| 2013 | 2.5% | -2.3% |
| 2015 | 2.5% | +1.2% |
| 2017 | 2.4% | -3.9% |
| 2018 | 2.4% | -2.0% |
| 2019 | 2.4% | +1.7% |
| 2021 | 2.4% | -0.8% |
| 2023 | 3.2% | +32.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 2.6% | 2.6% | 1 |
| 2010s | 2.5% | 2.4% | 2.6% | 8 |
| 2020s | 2.8% | 2.4% | 3.2% | 2 |
Countries ranked near European Union - 27 countries (from 2020)
- 1 South Korea 14.7% compare
- 1 South Korea 14.7% compare
- 3 Austria 8.4% compare
- 4 Japan 8.1% compare
More economy & growth data for European Union - 27 countries (from 2020)
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 112.4 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 18.02 million Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 451,029 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 18.02 million Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 16.20 million Current prices, million euro (2024)
- Agricultural land prices by region 15,224 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 295 Euro per hectare (2024)
- Farms and hectares by crops, utilised agricultural area, economic 155.11 million Hectare (2020)
- Irrigation of agricultural holdings by utilised agricultural area 155.11 million Hectare (2020)
- Gross value added and income by main industry (NACE Rev.2 ) 111.34 Chain linked volumes, index 2020=100 (2026)
Frequently asked questions
- What is business expenditure on r&d (berd) in ict sector as % of total r&d in European Union - 27 countries (from 2020)?
- Business expenditure on r&d (berd) in ict sector as % of total r&d in European Union - 27 countries (from 2020) was 3.2% in 2023, according to Eurostat.
- What is the highest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in European Union - 27 countries (from 2020)?
- The highest recorded value was 3.2% in 2023.
- What is the lowest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in European Union - 27 countries (from 2020)?
- The lowest recorded value was 2.4% in 2018.
- How does European Union - 27 countries (from 2020) rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- European Union - 27 countries (from 2020) ranks 1st out of 1 regions with data for 2023.
- Is business expenditure on r&d (berd) in ict sector as % of total r&d rising or falling in European Union - 27 countries (from 2020)?
- Over the last ten years it is up 26.7%. The long-run trend across the full record is rising.
- Where does this European Union - 27 countries (from 2020) data come from?
- The figures come from Eurostat, published as part of Business expenditure on R&D (BERD) in ICT sector as % of total R&D expenditure by NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
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