{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"lu-rd-expenditure-business-funded","url":"https://apiardata.com/statistics/lu-rd-expenditure-business-funded","html_url":"https://apiardata.com/statistics/lu-rd-expenditure-business-funded/","title":"Luxembourg Business-Funded R&D Expenditure (2023)","description":"Luxembourg's Business-Funded R&D Expenditure: 0.5 % of GDP in 2023, unchanged vs 2021. Eurostat (RD_E_GERDFUND), 2000–2023.","domain":"papers","category":"AI & Research","keywords":["AI & Research","Eurostat","Luxembourg","2023"],"publisher":"Eurostat","frequency":"Annual","geography":"Luxembourg","temporal_coverage":"2000/2023","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2023","variable_measured":"Luxembourg Business-Funded R&D Expenditure","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/RD_E_GERDFUND/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2023"},{"label":"Observations","value":"16"},{"label":"Geography","value":"Luxembourg"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Luxembourg (2023)","value":"0.5","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged vs 2021"}},{"label":"Change vs. prior observation","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"16","unit":"years of data"}],"series":[{"key":"value","label":"Luxembourg Business-Funded R&D Expenditure"}],"observation_count":16,"observations":[{"period":"2000","value":1.44},{"period":"2003","value":1.31},{"period":"2005","value":1.24},{"period":"2007","value":1.19},{"period":"2009","value":1.12},{"period":"2010","value":0.62},{"period":"2011","value":0.65},{"period":"2012","value":0.22},{"period":"2013","value":0.2},{"period":"2014","value":0.01},{"period":"2015","value":0.6},{"period":"2016","value":0.01},{"period":"2017","value":0.61},{"period":"2019","value":0.61},{"period":"2021","value":0.46},{"period":"2023","value":0.45}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2023","value":"0.5","yoyChange":"unchanged"},{"year":"2021","value":"0.5","yoyChange":"-0.1pp"},{"year":"2019","value":"0.6","yoyChange":"unchanged"},{"year":"2017","value":"0.6","yoyChange":"+0.6pp"},{"year":"2016","value":"0.0","yoyChange":"-0.6pp"},{"year":"2015","value":"0.6","yoyChange":"+0.6pp"},{"year":"2014","value":"0.0","yoyChange":"-0.2pp"},{"year":"2013","value":"0.2","yoyChange":"unchanged"},{"year":"2012","value":"0.2","yoyChange":"-0.5pp"},{"year":"2011","value":"0.7","yoyChange":"+0.1pp"},{"year":"2010","value":"0.6","yoyChange":"-0.5pp"},{"year":"2009","value":"1.1","yoyChange":"-0.1pp"},{"year":"2007","value":"1.2","yoyChange":"unchanged"},{"year":"2005","value":"1.2","yoyChange":"-0.1pp"},{"year":"2003","value":"1.3","yoyChange":"-0.1pp"},{"year":"2000","value":"1.4","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"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."}]}