Expenditure for research and development stands at 7.5 billion euro
Businesses account for bulk of R&D expenditure
With expenditures of 5.2 billion euro for research and development, businesses accounted for 70% of total R&D expenditure in 2017. Their share has risen over the years: in 2009, it still stood at 66%.
Universities and research institutions associated with universities accounted for 18% of total R&D expenditure in 2017, which is less than in 2009 (22%). The other players, such as the government and non-profit institutions, represented a smaller share of R&D expenditure.
Flemish R&D expenditure higher than EU average
With a 2.9% R&D intensity in 2017, the Flemish Region did better than the 2.0% EU average figure. The Walloon Region also scored comparatively high (2.7%). In the Brussels Capital Region, R&D intensity is lower (2.2%).
In a number of countries such as Sweden, Austria, Denmark and Germany, R&D expenditure is even higher than in Flanders. In Slovakia and Latvia, R&D expenditure amounts to less than 1% of GDP.