Luxembourg Business-Funded R&D Expenditure (2023)
Luxembourg's Business-Funded R&D Expenditure: 0.5 % of GDP in 2023, -0pp YoY. Eurostat (RD_E_GERDFUND), 2000–2023.
Luxembourg (2023)
0.5
% of GDP
-0pp YoY
YoY Change
-0pp
percentage points
Trend
down
Series length
16
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2023 | 0.5 | -0pp |
| 2021 | 0.5 | -0.1pp |
| 2019 | 0.6 | +0pp |
| 2017 | 0.6 | +0.6pp |
| 2016 | 0 | -0.6pp |
| 2015 | 0.6 | +0.6pp |
| 2014 | 0 | -0.2pp |
| 2013 | 0.2 | -0pp |
| 2012 | 0.2 | -0.4pp |
| 2011 | 0.7 | +0pp |
| 2010 | 0.6 | -0.5pp |
| 2009 | 1.1 | -0.1pp |
| 2007 | 1.2 | -0.1pp |
| 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. The most recent year-on-year change was -0.0pp. The historical series (2000–2023) shows a peak of 1.4 in 2000 and a trough of 0.0 in 2016.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks luxembourg business-funded r&d expenditure in Luxembourg, published by Eurostat. Data covers 2000–2023 at annual frequency using harmonised methodology.
The most recent observation covers 2023. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 1.4 % of GDP in 2000 and reached its lowest recorded value of 0.0 in 2016. The latest reading of 0.5 in 2023 represents a year-on-year change of -0.0pp.