CY · 2024 · tsc00001
Research and development expenditure by sector of performance
Cyprus, 2024
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.