{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"rs-rd-expenditure-business-funded","url":"https://apiardata.com/statistics/rs-rd-expenditure-business-funded","html_url":"https://apiardata.com/statistics/rs-rd-expenditure-business-funded/","title":"Serbia Business-Funded R&D Expenditure (2024)","description":"Serbia's Business-Funded R&D Expenditure: 0 % of GDP in 2024, unchanged YoY. Eurostat (RD_E_GERDFUND), 2009–2024.","domain":"papers","category":"AI & Research","keywords":["AI & Research","Eurostat","Serbia","2024"],"publisher":"Eurostat","frequency":"Annual","geography":"Serbia","temporal_coverage":"2009/2024","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2024","variable_measured":"Serbia 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":"2009–2024"},{"label":"Observations","value":"16"},{"label":"Geography","value":"Serbia"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Serbia (2024)","value":"0","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged YoY"}},{"label":"YoY Change","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"16","unit":"years of data"}],"series":[{"key":"value","label":"Serbia Business-Funded R&D Expenditure"}],"observation_count":16,"observations":[{"period":"2009","value":0.07},{"period":"2010","value":0.06},{"period":"2011","value":0.06},{"period":"2012","value":0.05},{"period":"2013","value":0.05},{"period":"2014","value":0.06},{"period":"2015","value":0.1},{"period":"2016","value":0.07},{"period":"2017","value":0.08},{"period":"2018","value":0.09},{"period":"2019","value":0.08},{"period":"2020","value":0.02},{"period":"2021","value":0.01},{"period":"2022","value":0.01},{"period":"2023","value":0.01},{"period":"2024","value":0.01}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"0.0","yoyChange":"unchanged"},{"year":"2023","value":"0.0","yoyChange":"unchanged"},{"year":"2022","value":"0.0","yoyChange":"unchanged"},{"year":"2021","value":"0.0","yoyChange":"unchanged"},{"year":"2020","value":"0.0","yoyChange":"-0.1pp"},{"year":"2019","value":"0.1","yoyChange":"unchanged"},{"year":"2018","value":"0.1","yoyChange":"unchanged"},{"year":"2017","value":"0.1","yoyChange":"unchanged"},{"year":"2016","value":"0.1","yoyChange":"unchanged"},{"year":"2015","value":"0.1","yoyChange":"unchanged"},{"year":"2014","value":"0.1","yoyChange":"unchanged"},{"year":"2013","value":"0.1","yoyChange":"unchanged"},{"year":"2012","value":"0.1","yoyChange":"unchanged"},{"year":"2011","value":"0.1","yoyChange":"unchanged"},{"year":"2010","value":"0.1","yoyChange":"unchanged"},{"year":"2009","value":"0.1","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 Serbia 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 2024. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2009–2024 (16 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 0.1 % of GDP in 2015 and reached its lowest recorded value of 0 in 2024. The latest reading of 0 in 2024 is unchanged on the previous period."}]}