Denmark will spend 21.2 billion Danish kroner (€2.9bn) of public money on research in 2017, up from kr20.6bn in 2016, the government has said in a report.
However, this increase comes after a series of funding cuts, which were announced in 2015. The government spent kr22bn on research in 2015, with funds decreasing to kr20.6bn in 2016.
All in all, government spending on R&D has increased from 0.8 per cent of GDP in 2006 to 1 per cent in 2016, the report, published on 23 June, showed. It found that Denmark spends 1.7 per cent of GDP on higher education and research, which is more than the OECD average of 1.6 per cent.
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