Spain Business-Funded R&D Expenditure (2023)
Spain's Business-Funded R&D Expenditure: 0.7 % of GDP in 2023, unchanged YoY. Eurostat (RD_E_GERDFUND), 2000–2023.
Spain (2023)
0.7
% of GDP
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
24
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2023 | 0.7 | unchanged |
| 2022 | 0.7 | unchanged |
| 2021 | 0.7 | unchanged |
| 2020 | 0.7 | +0.1pp |
| 2019 | 0.6 | unchanged |
| 2018 | 0.6 | unchanged |
| 2017 | 0.6 | unchanged |
| 2016 | 0.6 | unchanged |
| 2015 | 0.6 | unchanged |
| 2014 | 0.6 | unchanged |
| 2013 | 0.6 | unchanged |
| 2012 | 0.6 | unchanged |
| 2011 | 0.6 | unchanged |
| 2010 | 0.6 | unchanged |
| 2009 | 0.6 | unchanged |
| 2008 | 0.6 | unchanged |
| 2007 | 0.6 | unchanged |
| 2006 | 0.6 | +0.1pp |
| 2005 | 0.5 | unchanged |
| 2004 | 0.5 | unchanged |
About this Dataset
Spain recorded 0.7 % of GDP in 2023. That is unchanged on the previous period. Across 2000–2023 the series ranges from 0.4 in 2001 to 0.7 in 2023.
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Spain 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 Spain 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 (24 observations).
The series peaked at 0.7 % of GDP in 2023 and reached its lowest recorded value of 0.4 in 2001. The latest reading of 0.7 in 2023 is unchanged on the previous period.