CY · 2024 · tsc00001

Research and development expenditure by sector of performance

Cyprus, 2024

Research and development expenditure by sector of performance
0.65
Cyprus, 2024
▼ 1.5% vs 2023 (0.66)
Analysis

In 2024, Cyprus's research and development expenditure by sector of performance decreased by 1.5% compared to 2023, reaching 0.65.

Cyprus accounts for 29.0% of the EU-27 total of 2.24.

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 fallen by 7.1% (from 0.70 in 2019).

Source: Eurostat dataset tsc00001, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2024
#25 of 27
% of EU-27 total · 2024
29.0%
EU-27: 2.24
Cyprus timeline (last 15 years)
2013 2024