Total government budget allocations for research and development (GBARD) across the European Union reached an estimated €127.91 billion, equivalent to 0.71 per cent of gross domestic product (GDP).
Eurostat reported that this represented a 3.4 per cent increase compared with 2023, when allocations stood at €123.7 billion, and a 59.5 per cent rise compared with 2014, when €80.2 billion was allocated.
In 2024, government budget allocations for R&D at the
