Austria as an International Leader in Research and Development Expenditures

Lifestyle & TravelHealth ♦ Published: July 4, 2022; 18:26 ♦ (Vindobona)

Austria is one of the top performers in Europe in terms of expenditure on research and development. With a value of over 3% of GDP, Austria is thus one of the few countries to reach the EU's specified quota. Austria is also very successful in other areas on average in the EU. Read more in the following article!

Austria is one of Europe's top nations in terms of spending on research and development. / Picture: © Wikimedia Commons / National Eye Institute, CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)

Austria is one of Europe's top nations in terms of spending on research and development. Together with Sweden, Belgium, Germany and Denmark, it is one of the five countries in the EU that meet the European target of a research quota of 3%.

This and other interesting information can be found in the Research and Technology Report 2022 (FT Report), which was jointly presented by…