Institutional Sign In

Go

R&D Expenditures (As % of GDP) rose 10.0% to 3.48% in Belgium in 2020

R&D Expenditures (As % of GDP) (%), 2020
Telcos & Hi-Tech | Belgium | February 1, 2023
$2.99
Excel Sheet

R&D expenditures as a percentage of GDP rose 10.0% to 3.48% in Belgium in 2020, according to World Bank.

Historically, R&D expenditures as a percentage of GDP in Belgium reached an all time high of 3.48% in 2020 and an all time low of 1.74% in 1996. When compared to Belgium's main peers, R&D expenditures as a percentage of GDP in France amounted to 2.35%, 3.14% in Germany, 1.13% in Luxembourg and 2.29% in Netherlands in 2020.

Belgium has been ranked 4th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP, 8 places above the position seen 10 years ago.

R&D Expenditures (As % of GDP) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Austria % 3.08% 3.05% 3.12% 3.06% 3.09%
Belgium % 2.37% 2.43% 2.52% 2.67% 2.86%
Denmark % 2.91% 3.05% 3.09% 2.93% 2.97%
France % 2.28% 2.23% 2.22% 2.20% 2.20%
Germany % 2.88% 2.93% 2.94% 3.05% 3.11%
Italy % 1.34% 1.34% 1.37% 1.37% 1.42%
Luxembourg % ... ... 1.22% 1.25% 1.27% 1.24% 1.17%
Netherlands % 2.17% 2.15% 2.15% 2.18% 2.14%
Poland % 0.945% 1.00% 0.963% 1.03% 1.21%
Spain % 1.24% 1.22% 1.19% 1.21% 1.24%
United Kingdom % 1.63% 1.63% 1.64% 1.66% 1.70% ...