This table includes additional information to the above visualized indicators, i.e. a short definition of this indicator and a description of the politically determined target values as well as explaining the political intention behind selecting this indicator.
This indicator shows expenditure on research and development by the private sector, the state and institutions of higher education in relation to gross domestic product.
|Target and intention||
Expenditure on research and development (R&D) is a crucial parameter, albeit not the sole determining factor, in setting the pace of innovation of an economy. The higher the spending, the greater the likelihood of more dynamic gains in productivity, stronger economic growth and improved competitiveness. The German Government will leave no stone unturned in pursuit of its policy objective to raise private and public R&D spending – an important determinant of the pace of an economy’s innovation – to at least 3.5% of GDP annually by 2025.
The data published in the indicator report 2022 is as of Oct 31 2022. The data shown on this platform is updated regularly, so that more current data may be available online than published in the indicator report 2022.