R&D spending
How much of the economy is reinvested into research. The seed corn of future innovation.
Where Europe stands now
R&D spending
How much of the economy is reinvested into research. The seed corn of future innovation.
EU vs US vs China vs D9+ over time
% of GDP
The story
Europe has reinvested roughly 2.2 percent of its economy in research for two decades. The United States spends around 3.5 percent, and China overtook the EU on research intensity in the mid-2010s and kept climbing. The EU set itself a 3 percent target in 2002; it has never been met.
Why it matters
R&D is the seed corn of every other indicator on this platform. A gap of one percentage point of GDP, compounded over twenty years, is the difference between owning the next technology platform and licensing it.
Policy context
The unmet 3 percent Barcelona target is the longest-running broken promise in European competitiveness policy. The Draghi report's answer is scale: joint funding of breakthrough innovation rather than 27 national programs subscale by design. Private R&D is where the gap concentrates; public spending is roughly comparable.
How this number is calculated
Source & cadence
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