{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"dk-rd-expenditure-business-funded","url":"https://apiardata.com/statistics/dk-rd-expenditure-business-funded","html_url":"https://apiardata.com/statistics/dk-rd-expenditure-business-funded/","title":"Denmark Business-Funded R&D Expenditure (2023)","description":"Denmark's Business-Funded R&D Expenditure: 1.7 % of GDP in 2023, -0.1pp vs 2019. Eurostat (RD_E_GERDFUND), 2001–2023.","domain":"papers","category":"AI & Research","keywords":["AI & Research","Eurostat","Denmark","2023"],"publisher":"Eurostat","frequency":"Annual","geography":"Denmark","temporal_coverage":"2001/2023","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2023","variable_measured":"Denmark Business-Funded R&D Expenditure","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/RD_E_GERDFUND/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2001–2023"},{"label":"Observations","value":"13"},{"label":"Geography","value":"Denmark"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Denmark (2023)","value":"1.7","unit":"% of GDP","trend":{"direction":"down","value":"-0.1pp vs 2019"}},{"label":"Change vs. prior observation","value":"-0.1pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"13","unit":"years of data"}],"series":[{"key":"value","label":"Denmark Business-Funded R&D Expenditure"}],"observation_count":13,"observations":[{"period":"2001","value":1.43},{"period":"2003","value":1.5},{"period":"2005","value":1.42},{"period":"2007","value":1.53},{"period":"2009","value":1.89},{"period":"2010","value":1.78},{"period":"2011","value":1.8},{"period":"2012","value":1.79},{"period":"2013","value":1.75},{"period":"2015","value":1.81},{"period":"2017","value":1.68},{"period":"2019","value":1.76},{"period":"2023","value":1.7}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2023","value":"1.7","yoyChange":"-0.1pp"},{"year":"2019","value":"1.8","yoyChange":"+0.1pp"},{"year":"2017","value":"1.7","yoyChange":"-0.1pp"},{"year":"2015","value":"1.8","yoyChange":"unchanged"},{"year":"2013","value":"1.8","yoyChange":"unchanged"},{"year":"2012","value":"1.8","yoyChange":"unchanged"},{"year":"2011","value":"1.8","yoyChange":"unchanged"},{"year":"2010","value":"1.8","yoyChange":"-0.1pp"},{"year":"2009","value":"1.9","yoyChange":"+0.4pp"},{"year":"2007","value":"1.5","yoyChange":"+0.1pp"},{"year":"2005","value":"1.4","yoyChange":"-0.1pp"},{"year":"2003","value":"1.5","yoyChange":"+0.1pp"},{"year":"2001","value":"1.4","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Denmark 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."},{"question":"How current is this data?","answer":"The most recent observation covers 2023. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2001–2023 (13 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 1.9 % of GDP in 2009 and reached its lowest recorded value of 1.4 in 2005. The latest reading of 1.7 in 2023 represents a change of -0.1pp."}]}