Latvian R&D spending still among Europe's smallest

According to Eurostat figures published August 4, in 2022, the total government budget allocations for Research and Development (R&D) across the EU stood at €117 368 million, equivalent to 0.74% of GDP. This was a 5.4% increase compared with 2021 (€111 393 million) and a 49.2% increase compared with 2012 (€78 656 million).

In 2022, government budget allocations for R&D at the EU level stood at €262.7 per person, a 47.2% increase compared with 2012 (€178.5 per person). The highest allocations were recorded in Luxembourg (€661.6 per person), followed at a distance by Denmark (€529.1) and Germany (€517.6).

Latvia's funding for R&D remained far below that level, at just €49.6 per capita, with only Romania (€17.6 per person), and Bulgaria (€27.3) investing less in R&D.

Fellow Baltic states Lithuania (€78.20) and particularly Estonia (€189.30) both spend considerably more per person on R&D.

Government budget allocations for R&D, 2022
Government budget allocations for R&D, 2022

Between 2012 and 2022, all EU governments increased their budget allocations for R&D in terms of € per person. The largest percentage increase over the decade was actually recorded in Latvia (+208% from €16.1 per person in 2012 to €49.6 in 2022) followed by Greece (+129% from €66.0 to €151.2). Sweden registered the lowest percentage increase in this reference period (+4% from €377.7 to €391.6). 

This information comes from data on government budget allocations for R&D (GBARD) published by Eurostat.

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