Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Slovak Republic
Slovak Republic: Business expenditure on R&D (BERD) in ICT sector as % of total R&D was 0.3% in 2023. ◆ Volatile
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Slovak Republic, 2005–2023
Source: Eurostat. Measured in Percentage.
Analysis
In 2023, business expenditure on r&d (berd) in ict sector as % of total r&d in Slovak Republic stood at 0.3%.
That represents a change of up 36.0% on the previous year and down 17.1% over ten years.
Over the whole period, business expenditure on r&d (berd) in ict sector as % of total r&d in Slovak Republic peaked at 0.9% in 2008 and was at its lowest, 0.2%, in 2022.
That places Slovak Republic 29th out of 40 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Slovak Republic, year by year
| Year | Percentage | Change |
|---|---|---|
| 2005 | 0.3% | — |
| 2008 | 0.9% | +165.7% |
| 2014 | 0.4% | -55.9% |
| 2015 | 0.4% | -2.4% |
| 2016 | 0.3% | -20.0% |
| 2019 | 0.3% | -18.8% |
| 2020 | 0.3% | +3.8% |
| 2021 | 0.3% | +0.0% |
| 2022 | 0.2% | -7.4% |
| 2023 | 0.3% | +36.0% |
Slovak Republic compared with similar countries
- Slovak Republic's 0.3% is below the median for Europe & Central Asia, which is 0.5%, 69% of the median. (26 countries reporting)
- Slovak Republic's 0.3% is below the median for high income countries, which is 0.6%, 62% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.3% | 0.9% | 2 |
| 2010s | 0.3% | 0.3% | 0.4% | 4 |
| 2020s | 0.3% | 0.2% | 0.3% | 4 |
Countries ranked near Slovak Republic
More economy & growth data for Slovak Republic
- Real gdp growth, annual growth rate -58.38 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 3.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 331.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 242.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.32 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0066 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 187.52 units per person (2025)
Frequently asked questions
- What is business expenditure on r&d (berd) in ict sector as % of total r&d in Slovak Republic?
- Business expenditure on r&d (berd) in ict sector as % of total r&d in Slovak Republic was 0.3% 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 Slovak Republic?
- The highest recorded value was 0.9% in 2008.
- What is the lowest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Slovak Republic?
- The lowest recorded value was 0.2% in 2022.
- How does Slovak Republic rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- Slovak Republic ranks 29th out of 40 countries with data for 2023.
- Is business expenditure on r&d (berd) in ict sector as % of total r&d rising or falling in Slovak Republic?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is volatile.
- Where does this Slovak Republic 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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