Hungary Business-Funded R&D Expenditure (2023)
Hungary's Business-Funded R&D Expenditure: 0.68 % of GDP in 2023, +0.05pp YoY. Eurostat (RD_E_GERDFUND), 2000–2023.
Hungary (2023)
0.68
% of GDP
+0.05pp YoY
YoY Change
+0.05pp
percentage points
Trend
up
Series length
24
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2023 | 0.68 | +0.05pp |
| 2022 | 0.63 | -0.2pp |
| 2021 | 0.83 | +0.04pp |
| 2020 | 0.79 | +0.02pp |
| 2019 | 0.77 | -0.02pp |
| 2018 | 0.79 | +0.1pp |
| 2017 | 0.69 | +0.03pp |
| 2016 | 0.66 | -0.01pp |
| 2015 | 0.67 | +0.02pp |
| 2014 | 0.65 | unchanged |
| 2013 | 0.65 | +0.06pp |
| 2012 | 0.59 | +0.03pp |
| 2011 | 0.56 | +0.02pp |
| 2010 | 0.54 | +0.02pp |
| 2009 | 0.52 | +0.05pp |
| 2008 | 0.47 | +0.05pp |
| 2007 | 0.42 | unchanged |
| 2006 | 0.42 | +0.06pp |
| 2005 | 0.36 | +0.04pp |
| 2004 | 0.32 | +0.04pp |
About this Dataset
Hungary recorded 0.68 % of GDP in 2023. The latest change was +0.05pp. Across 2000–2023 the series ranges from 0.28 % of GDP in 2003 to 0.83 % of GDP in 2021.
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Hungary. 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. 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 0.83 % of GDP in 2021 and reached its lowest recorded value of 0.28 % of GDP in 2003. The latest reading is 0.68 % of GDP in 2023. The latest change was +0.05pp.