He moved up into Hellas in the last decade, government funding Research and developmentat the same time, our country recorded one of the highest growth rates compared to other countries European Union.
According to her Eurostat, in 2011 public spending to support R&D, a sector critical to the development of all sectors of the economy, amounted to 648.5 million euros, equivalent to 0.32% of GDP. Ten years later, in 2021, the corresponding spending reached 1.6 billion euros (0.89% of GDP), representing a significant increase compared to 2011 and exceeding the corresponding European Union average of 0.75%.
In fact, according to Eurostat, the highest growth rate of public spending on research and development (per person) in the period 2011-2021. fixed in Latvia (from 14 euros in 2011 to 45 euros in 2021), Greece (from 58 euros to 152 euros) and Hungary (from 30 euros to 60 euros).
Data
Loans to the European Union grew by 6% in 2021 compared to 2020.
According to Eurostat data, the total state budget spending in Europe for the research and development sector was formed in 2021 at the level of 109.2 billion euros, which is equivalent to 0.75% of European GDP, thus recording an increase of 6% compared to 2020 . 102.7 billion) and by 35% compared to 2011 (81.1 billion euros). These costs correspond to 244 euros per person at EU level, which means an increase of 33% compared to 2011 (184 euros per person), while the corresponding costs per person rose last year in Greece to 152 euros from 58.3 euro in 2011.
In 2021, the highest per capita spending on R&D was recorded in Luxembourg (689 euros per person), followed by Denmark (530 euros per person) and Germany (471 euros).
On the other hand, the European countries with the lowest per capita spending on supporting the sector are Romania (€19 per person), Bulgaria (€24), Latvia (€45 per person) and Hungary (€60 per atom).
Finally, in Spain, public funding to support research and development has tended to decrease over the past decade (from €155 per person in 2011 to €152 in 2021).
Source: Kathimerini
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.