Growth of 7 per cent in German R&D expenditure continues long-term trend
Spending on R&D in Germany reached a new record high in 2022, according to the Federal Statistical Office, Destatis.
The agency’s preliminary calculations suggest that expenditure increased by 7 per cent over the previous year to €121.4 billion. The finding extends the long-term trend of growing R&D spending in Germany, interrupted only in the pandemic year 2020, when it dropped by €3.4bn.