Spain Business-Funded R&D Expenditure (2023)
Spain's Business-Funded R&D Expenditure: 0.72 % of GDP in 2023, +0.03pp YoY. Eurostat (RD_E_GERDFUND), 2000–2023.
Spain (2023)
0.72
% of GDP
+0.03pp YoY
YoY Change
+0.03pp
percentage points
Trend
up
Series length
24
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2023 | 0.72 | +0.03pp |
| 2022 | 0.69 | -0.01pp |
| 2021 | 0.7 | +0.01pp |
| 2020 | 0.69 | +0.08pp |
| 2019 | 0.61 | unchanged |
| 2018 | 0.61 | +0.04pp |
| 2017 | 0.57 | +0.02pp |
| 2016 | 0.55 | -0.01pp |
| 2015 | 0.56 | -0.01pp |
| 2014 | 0.57 | -0.02pp |
| 2013 | 0.59 | unchanged |
| 2012 | 0.59 | unchanged |
| 2011 | 0.59 | +0.01pp |
| 2010 | 0.58 | -0.01pp |
| 2009 | 0.59 | unchanged |
| 2008 | 0.59 | +0.03pp |
| 2007 | 0.56 | +0.01pp |
| 2006 | 0.55 | +0.04pp |
| 2005 | 0.51 | +0.01pp |
| 2004 | 0.5 | +0.01pp |
About this Dataset
Spain recorded 0.72 % of GDP in 2023. The latest change was +0.03pp. Across 2000–2023 the series ranges from 0.42 % of GDP in 2001 to 0.72 % of GDP in 2023.
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Spain. 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. 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 is at its highest recorded level, 0.72 % of GDP in 2023, up from a low of 0.42 % of GDP in 2001. The latest change was +0.03pp.