Luxembourg remains EU’s biggest investor in R&D per capita in 2023
17 May 2024
Public R&D funding in 2023
Following the yearly trend, Luxembourg registered the highest R&D allocations which corresponds to roughly €647 per person.
According to Eurostat, in 2023, Luxembourg had the highest R&D allocations in the EU with €647 per person in 2022, this marks a slight decrease of €14.6 per person from €661.6 reached in 2022.
Luxembourg’s high R&D allocations in health and industrial production and technology
Luxembourg’s high score is made up of several other R&D allocation metrics, of which two stand out.
For the metric pertaining to allocations for R&D in Health, Luxembourg had Europe’s highest score of €126.5 per person.
For the metric pertaining to allocations for R&D in industrial production and technology, Luxembourg was in the top four, reaching €63.4 per person. While Belgium lead with €104.6, this followed with Germany (€83.8) and Austria (€72.9). All scored more than double the EU average which is €30.2.
Announced in 2022, learn more below about how Luxembourg is increasing research funding by nearly 300 million euros to a total of 1.7 billion euros for the 2022 – 2025 period, up 17.6% on the previous years.
Sources of the infographics: Eurostat