The Basque Country, Euskadi, among the communities that invest most in R&D

Wednesday, September 3rd, 2014

Euskadi is one of the autonomous communities that invest most in R&D, according to the 2014 Report on Technology and Innovation in Spain, published by the Cotec foundation for technological innovation. According to this document, which includes statistical data for the year 2012, the Basque Country leads the classification of R&D expenditure per capita, followed by Navarre, Madrid and Catalonia.

Worth noting, moreover, is that in 2012 Euskadi invested 0.8% more than in the previous year. Together with Castilla y León, it was the only territory where this expenditure increased in comparison to 2011.

According to the Cotec report, only five communities account for more than the 77% of total R&D expenditure in Spain. These are Madrid (25.5%), Catalonia (22.3%), Andalusia (11.1%), Euskadi (10.7%) and the Valencian Community (7.5%).

In general terms, the outlay on R&D in Spain in 2012 was 1.3% of GDP, compared to 1.36% in 2011. In fact, 2012 data placed investment lower than 2008 levels. As a result, divergence between Spanish R&D expenditure and that of countries usually taken as a benchmark (Germany, France, Italy, United Kingdom and Poland) increased.

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