Sweden (2023)
2.3
% of GDP
+0.2pp vs 2021
Change vs. prior observation
+0.2pp
percentage points
Trend
up
Series length
12
years of data

Data

Sweden Business-Funded R&D Expenditure (2023) — source data. Eurostat.
Year % of GDP Change
2023 2.3 n/a
2021 2.1 n/a
2019 2.1 n/a
2017 2.1 n/a
2015 1.9 n/a
2013 2 n/a
2011 1.9 n/a
2009 2 n/a
2007 2 n/a
2005 2.2 n/a
2003 2.3 n/a
2001 2.8 n/a

About this Dataset

Sweden recorded 2.3 % of GDP in 2023. The latest change was +0.2pp. Across 2001–2023 the series ranges from 1.9 % of GDP in 2011 to 2.8 % of GDP in 2001.

This page tracks R&D expenditure funded by the business enterprise sector as a share of GDP in Sweden. 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 Sweden. 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 2001–2023 (12 observations).

The series peaked at 2.8 % of GDP in 2001 and reached its lowest recorded value of 1.9 % of GDP in 2011. The latest reading is 2.3 % of GDP in 2023. The latest change was +0.2pp.