{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"se-rd-expenditure-business-funded","url":"https://apiardata.com/statistics/se-rd-expenditure-business-funded","html_url":"https://apiardata.com/statistics/se-rd-expenditure-business-funded/","title":"Sweden Business-Funded R&D Expenditure (2023)","description":"Sweden's Business-Funded R&D Expenditure: 2.3 % of GDP in 2023, +0.2pp vs 2021. Eurostat (RD_E_GERDFUND), 2001–2023.","domain":"papers","category":"AI & Research","keywords":["AI & Research","Eurostat","Sweden","2023"],"publisher":"Eurostat","frequency":"Annual","geography":"Sweden","temporal_coverage":"2001/2023","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2023","variable_measured":"Sweden 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":"2001–2023"},{"label":"Observations","value":"12"},{"label":"Geography","value":"Sweden"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Sweden (2023)","value":"2.3","unit":"% of GDP","trend":{"direction":"up","value":"+0.2pp vs 2021"}},{"label":"Change vs. prior observation","value":"+0.2pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"12","unit":"years of data"}],"series":[{"key":"value","label":"Sweden Business-Funded R&D Expenditure"}],"observation_count":12,"observations":[{"period":"2001","value":2.78},{"period":"2003","value":2.33},{"period":"2005","value":2.15},{"period":"2007","value":2.03},{"period":"2009","value":2.03},{"period":"2011","value":1.85},{"period":"2013","value":2},{"period":"2015","value":1.86},{"period":"2017","value":2.07},{"period":"2019","value":2.13},{"period":"2021","value":2.09},{"period":"2023","value":2.31}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2023","value":"2.3","yoyChange":"+0.2pp"},{"year":"2021","value":"2.1","yoyChange":"unchanged"},{"year":"2019","value":"2.1","yoyChange":"unchanged"},{"year":"2017","value":"2.1","yoyChange":"+0.2pp"},{"year":"2015","value":"1.9","yoyChange":"-0.1pp"},{"year":"2013","value":"2.0","yoyChange":"+0.1pp"},{"year":"2011","value":"1.9","yoyChange":"-0.1pp"},{"year":"2009","value":"2.0","yoyChange":"unchanged"},{"year":"2007","value":"2.0","yoyChange":"-0.1pp"},{"year":"2005","value":"2.1","yoyChange":"-0.2pp"},{"year":"2003","value":"2.3","yoyChange":"-0.5pp"},{"year":"2001","value":"2.8","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 Sweden 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 2001–2023 (12 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 2.8 % of GDP in 2001 and reached its lowest recorded value of 1.9 in 2011. The latest reading of 2.3 in 2023 represents a change of +0.2pp."}]}