Luxembourg Business-Funded R&D Expenditure (2023)
Luxembourg's Business-Funded R&D Expenditure: 0.5 % of GDP in 2023, unchanged vs 2021. Eurostat (RD_E_GERDFUND), 2000–2023.
Luxembourg (2023)
0.5
% of GDP
unchanged vs 2021
Change vs. prior observation
unchanged
percentage points
Trend
neutral
Series length
16
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 0.5 | unchanged |
| 2021 | 0.5 | -0.1pp |
| 2019 | 0.6 | unchanged |
| 2017 | 0.6 | +0.6pp |
| 2016 | 0 | -0.6pp |
| 2015 | 0.6 | +0.6pp |
| 2014 | 0 | -0.2pp |
| 2013 | 0.2 | unchanged |
| 2012 | 0.2 | -0.5pp |
| 2011 | 0.7 | +0.1pp |
| 2010 | 0.6 | -0.5pp |
| 2009 | 1.1 | -0.1pp |
| 2007 | 1.2 | unchanged |
| 2005 | 1.2 | -0.1pp |
| 2003 | 1.3 | -0.1pp |
| 2000 | 1.4 | n/a |
About this Dataset
Luxembourg recorded 0.5 % of GDP in 2023. That is unchanged on the previous period. Across 2000–2023 the series ranges from 0 in 2016 to 1.4 in 2000.
This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Luxembourg 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 Luxembourg 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 (16 observations).
The series peaked at 1.4 % of GDP in 2000 and reached its lowest recorded value of 0 in 2016. The latest reading of 0.5 in 2023 is unchanged on the previous period.