Hungary (2023)
0.7
% of GDP
+0.1pp YoY
YoY Change
+0.1pp
percentage points
Trend
up
Series length
24
years of data

Data

Hungary Business-Funded R&D Expenditure (2023) — source data. Eurostat.
Year % of GDP YoY Change
2023 0.7 +0.1pp
2022 0.6 -0.2pp
2021 0.8 unchanged
2020 0.8 unchanged
2019 0.8 unchanged
2018 0.8 +0.1pp
2017 0.7 unchanged
2016 0.7 unchanged
2015 0.7 unchanged
2014 0.7 unchanged
2013 0.7 +0.1pp
2012 0.6 unchanged
2011 0.6 +0.1pp
2010 0.5 unchanged
2009 0.5 unchanged
2008 0.5 +0.1pp
2007 0.4 unchanged
2006 0.4 unchanged
2005 0.4 +0.1pp
2004 0.3 unchanged

About this Dataset

Hungary recorded 0.7 % of GDP in 2023. The latest change was +0.1pp. Across 2000–2023 the series ranges from 0.3 in 2003 to 0.8 in 2021.

This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Hungary 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 Hungary 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 0.8 % of GDP in 2021 and reached its lowest recorded value of 0.3 in 2003. The latest reading of 0.7 in 2023 represents a change of +0.1pp.