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European Union R&D expenditure % GDP 2026: Interactive Chart & Historical Data

R&D expenditure % GDP in European Union stood at 2.26% of GDP in 2023, according to World Bank. The latest value is up 0.04 percentage points from 2.23% of GDP in 2022. Ten years earlier, in 2013, the value was 2.08% of GDP (up 0.18 percentage points since). The highest value since 1996 was 2.28% of GDP in 2020, the lowest 1.7% of GDP in 1996.

Data source: World Bank · Unit: % of GDP · Category: Technology and Internet · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1996–2024
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What is R&D expenditure % GDP?

R&D expenditure % GDP, measured in % of GDP, measures the total economic output of European Union. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In European Union, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest R&D expenditure % GDP in European Union?

R&D expenditure % GDP in European Union stood at 2.26% of GDP in 2023, according to World Bank.

Is R&D expenditure % GDP in European Union rising or falling?

The latest value is up 0.04 percentage points from 2.23% of GDP in 2022. Ten years earlier, in 2013, the value was 2.08% of GDP (up 0.18 percentage points since).

What is the highest R&D expenditure % GDP on record in European Union?

The highest value since 1996 was 2.28% of GDP in 2020, the lowest 1.7% of GDP in 1996.

Metadata for R&D expenditure % GDP in European Union
IndicatorR&D expenditure % GDP
CountryEuropean Union
CategoryTechnology and Internet
Unit% of GDP
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 2.26% of GDP (2023)

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Cite this chart
APA

World Bank. (2026). R&D expenditure % GDP — European Union [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/r-and-d-expenditure-percent-gdp/EUU. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS

MLA

World Bank. "R&D expenditure % GDP — European Union." EconDash, 2026, https://econdash.org/chart/r-and-d-expenditure-percent-gdp/EUU. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS.

Chicago

World Bank. 2026. "R&D expenditure % GDP — European Union." EconDash. Accessed November 13, 2026. https://econdash.org/chart/r-and-d-expenditure-percent-gdp/EUU. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS.

BibTeX
@misc{econdash_r_and_d_expenditure_percent_gdp_euu,
  author = {{World Bank}},
  title = {{R\&D expenditure \% GDP --- European Union}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/r-and-d-expenditure-percent-gdp/EUU},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS}
}