Austria R&D Expenditure

3.3% +0.08 pt

Dec 2023 · Annual

Austria's research and development expenditure as a share of GDP rose to 3.25517% in 2023 from 3.17775% in 2022. The value remains just below the all-time high of 3.25565% recorded in 2021. The series dates back to 1996.

Austria R&D Expenditure, 1996–2023
ActualPreviousHighestLowestDatesFrequency
3.3%3.2%3.3%Dec 20211.6%Dec 19961996 – 2023Annual

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About this series

R&D Expenditure in Austria averaged 2.6% from 1996 until 2023, reaching an all-time high of 3.3% in Dec 2021 and a record low of 1.6% in Dec 1996. The series is reported yearly with history from 1996.

Research and development expenditure as a percentage of GDP measures gross domestic spending on R&D activities. The indicator is reported annually for Austria, with the series spanning from 1996 onward.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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