In 2022, the EU spent €352 billion on research & development (R&D), 6.34% more than in the previous year (€331 billion) and 48.52% more than in 2012 (€237 billion). When looking at R&D intensity, i.e. R&D expenditure as a percentage of GDP, data show a slight decrease from 2.27% in 2021 to 2.22% in 2022. […]
Which EU countries spend the most on sporting goods?
In 2020, among the 22 EU countries for which data are available, 4 registered an average household expenditure on sporting goods and services above 500 purchasing power standard (PPS). PPS is an artificial currency unit that eliminates price level differences between countries. On top of the list was Luxembourg (628 PPS), closely followed by the […]
How much do governments spend on defence?
In 2018, the 27 EU Member States’ government expenditure on defence amounted to €162 billion, representing 2.6% of total government expenditure. This is equivalent to 1.2% of GDP. Overall, in the EU, general government expenditure on defence as a percentage of GDP slightly decreased since the beginning of the time series in 2001 (1.4%). Highest ratio of government expenditure on […]
Transport costs EU households over €1.1 trillion
In 2018, households in the European Union (EU) spent 13.2% of their total consumption expenditure on transport. This represents a total expenditure of over €1.1 trillion, equivalent to 7.2% of the EU’s GDP or €2 220 per EU inhabitant. Transport is the EU’s second largest household expenditure item after housing (24.0% of total consumption expenditure). Food and non-alcoholic beverages […]