Cookie-Settings

Here you can see and modify the cookie settings of various tools used on www.advantageaustria.org and related subdomains.


Save settings
Advantage Austria Show navigation

Constant rise in Austrian research spending

4. June 2012

Austrian spending on research and development is set to increase by 4.2% in 2012 to reach EUR 8.6 billion.

2011 marked the first time that Austria spent more than EUR 8 billion on research and experimental development (R&D). In 2012 this amount is set to increase by 4.2% to a predicted EUR 8.6 billion, according to forecasts from Statistics Austria . This corresponds to a research rate of 2.8% of gross domestic product  (GDP).

Austria thereby significantly exceeds the average research quota of the EU 27 which is 2%. In a direct comparison, Austria has the fifth highest rate of R&D spending of the EU 27. Only Finland, Sweden and Denmark with over 3% and Germany with 2.82% have a higher research rate than Austria.

The largest share of total expenditure on research in the current year is accounted for by Austrian companies who make up around 45% (EUR 3.84 billion). The public sector contributes 39.3% (EUR 3.38 billion). 15.6% of Austrian R&D spending in 2012 will come from abroad. A total of EUR 1.34 billion flows into Austria, especially to the subsidiaries of multinational corporations.

print
©©ADVANTAGE AUSTRIA