EU governments increased R&D allocations by 3% in 2024
Jul 30, 2025
Abu Dhabi [UAE], July 30: The total government budget allocations for R&D (GBARD) across the EU in 2024 stood at an estimated €127 916 million, equivalent to 0.71% of GDP. This indicates a 3.4% increase compared with 2023 (€123 675 million) and a 59.5% increase compared with 2014 (€80 175 million).