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% | ... |