R&D Expenditures (As % of GDP) in European Union

R&d expenditures as a percentage of gdp reached 2.32% in 2020 in the European Union, according to World Bank. This is 4.48% more than in the previous year.

Historically, R&D expenditures as a percentage of GDP in the European Union reached an all time high of 2.32% in 2020 and an all time low of 1.70% in 1996.

European Union has been ranked within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP.