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Austria.
Dynamic Business Location.

Companies increase R&D expenditures by about seven percent

female researcher at microscope © MedUni Wien

According to the latest forecasts, the research expenditures of all companies based in Austria will rise to EUR 6.11 billion, comprising a rise of 6.8 percent from 2017. About EUR 1.95 billion will flow from abroad.

In an EU comparison for the year 2016, Austria’s research/GDP ratio of 3.15 percent ranks second, surpassed only by Sweden (3.25 percent) but ahead of Germany (2.94 percent), Denmark (2.87 percent) and Finland (2.75 percent). 

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