Belgium Business-Funded R&D Expenditure (2023)
Belgium's Business-Funded R&D Expenditure: 2 % of GDP in 2023, -0.3pp vs 2021. Eurostat (RD_E_GERDFUND), 2000–2023.
Belgium (2023)
2
% of GDP
-0.3pp vs 2021
Change vs. prior observation
-0.3pp
percentage points
Trend
down
Series length
19
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 1.9 | -0.3pp |
| 2021 | 2.2 | +0.2pp |
| 2019 | 2 | +0.3pp |
| 2017 | 1.7 | +0.3pp |
| 2015 | 1.4 | unchanged |
| 2013 | 1.4 | unchanged |
| 2012 | 1.4 | +0.1pp |
| 2011 | 1.3 | +0.1pp |
| 2010 | 1.2 | unchanged |
| 2009 | 1.2 | unchanged |
| 2008 | 1.2 | +0.1pp |
| 2007 | 1.1 | unchanged |
| 2006 | 1.1 | unchanged |
| 2005 | 1.1 | unchanged |
| 2004 | 1.1 | unchanged |
| 2003 | 1.1 | unchanged |
| 2002 | 1.1 | -0.2pp |
| 2001 | 1.3 | +0.1pp |
| 2000 | 1.2 | n/a |
About this Dataset
Belgium recorded 2 % of GDP in 2023. The latest change was -0.3pp. Across 2000–2023 the series ranges from 1.1 in 2005 to 2.2 in 2021.
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Belgium from 2000 to present. Business-funded R&D reflects private sector innovation investment and the depth of industry-driven research.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Belgium from 2000 to present. Business-funded R&D reflects private sector innovation investment and the depth of industry-driven research. It is published by Eurostat and updated annually.
The most recent observation covers 2023. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2023 (19 observations).
The series peaked at 2.2 % of GDP in 2021 and reached its lowest recorded value of 1.1 in 2005. The latest reading of 2 in 2023 represents a change of -0.3pp.