site.btaR&D Budget Allocations across EU Grow by 5% in 2022, Bulgaria Next to Last

R&D Budget Allocations across EU Grow by 5% in 2022, Bulgaria Next to Last
R&D Budget Allocations across EU Grow by 5% in 2022, Bulgaria Next to Last
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In 2022, the total government budget allocations for R&D (GBARD) across the EU stood at EUR 117 368 million, equivalent to 0.74% of GDP. This was a 5.4% increase compared with 2021 (EUR 111, 393 million) and a 49.2% increase compared with 2012 (EUR 78, 656 million).

In 2022, government budget allocations for R&D at the EU level stood at EUR 262.7 per person, a 47.2% increase compared with 2012 (EUR 178.5 per person). The highest allocations were recorded in Luxembourg (EUR 661.6 per person), followed at a distance by Denmark (EUR 529.1) and Germany (EUR 517.6).

On the other hand, EU countries with the lowest R&D budget allocations per person were Romania (EUR 17.6 per person), Bulgaria ( EUR 27.3) and Latvia (EUR 49.6).

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By 08:20 on 08.07.2024 Today`s news

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