CY · 2023 · tsc00001
Research and development expenditure by sector of performance
Cyprus, 2023
Research and development expenditure by sector of performance
0.66
Cyprus, 2023
▼ 5.7% vs 2022 (0.70)
Analysis
In 2023, Cyprus's research and development expenditure by sector of performance decreased by 5.7% compared to 2022, reaching 0.66.
Cyprus accounts for 29.2% of the EU-27 total of 2.26.
Cyprus ranks 25th out of 27 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has grown by 8.2% (from 0.61 in 2018).
Source: Eurostat dataset tsc00001, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#25 of 27
% of EU-27 total · 2023
29.2%
EU-27: 2.26
Cyprus timeline (last 15 years)
2013 2024
Source:
Eurostat · tsc00001