Investment in R&D grows by 12% but is still far from the EU average

Spanish innovation took a leap forward in 2022.

Oliver Thansan
Oliver Thansan
28 November 2023 Tuesday 16:00
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Investment in R&D grows by 12% but is still far from the EU average

Despite this acceleration, the percentage of 1.44% is still far from the average of the countries of the European Union, which is around 2%. In the Spanish case, it is the private sector that drives investment, with 56.4% of the total, followed by Public Administration and Higher Education.