Expenditure for research and development stands at 7.9 billion euro
Businesses account for bulk of R&D expenditure
The majority of R&D expenditure comes from businesses. In 2018, with expenditures of 5.5 billion euro they accounted for 70% of total R&D expenditure. Their share has risen over the years: in 2009, it still stood at 66%.
Universities and research institutions associated with universities were the second most important actors with a share of 17% in 2018. This was less than in 2009 (22%). The government agencies and non-profit institutions represented a smaller share of R&D expenditure.
Flemish R&D expenditure higher than EU average
With a 2.92% R&D intensity in 2018, the Flemish Region did better than the 2.03% EU average figure. The Walloon Region also scored comparatively high (2.67% in 2017). In the Brussels Capital Region, R&D intensity is lower (2.16% in 2017).
In a number of countries such as Sweden, Austria, Denmark and Germany, R&D expenditure was relatively higher than in Flanders. In Lithuania, R&D expenditure amounted to less than 1% of GDP.