Belgium R&D Expenditure
3.3%▲ +0.08 pt
Dec 2023 · Annual
Belgium's research and development expenditure as a share of GDP rose to 3.27% in 2023 from 3.20% in 2022. The figure remains below the all-time high of 3.41% recorded in 2021, but well above the series low of 1.74% in 1996. The annual data span from 1996 onward.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.3% | 3.2% | 3.4%Dec 2021 | 1.7%Dec 1996 | 1996 – 2023 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 1.9% | 2.0% | 6.1% | 1.6% | Dec 2024 | Annual |
| High-Tech Exports | 20.4% | 18.7% | 22.8% | 8.5% | Dec 2024 | Annual |
About this series
R&D Expenditure in Belgium averaged 2.3% from 1996 until 2023, reaching an all-time high of 3.4% in Dec 2021 and a record low of 1.7% 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 in Belgium. The indicator is reported annually and the series begins in 1996. It captures both public and private sector R&D outlays relative to the size of the economy.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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