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Bratislava – Expenditure on analysis and growth in Slovakia elevated final 12 months to 1.04% of gross home product (GDP), nevertheless it nonetheless stays under the European common. The typical of the member states of the European Union (EU) reaches 2.25% GDP, which ranks Slovakia in twenty first place. This stems from the present weekly financial overview of the Institute for Technique and Evaluation (ISA), which is predicated on statistical knowledge from Eurostat, informs TASR.
“The EU’s ambition is to speculate a minimum of 3% of GDP in science and analysis, two-thirds of which from the non-public sector. Solely 5 international locations meet this aim. Slovakia has set a aim to attain 2% of GDP by 2030, at present reaching 52%,” defined the institute, in accordance with which Slovakia lags significantly within the share of enterprise sector expenditures, representing 0.6% of GDP, whereas the European common is round 1.2%.
Sweden (3.6%) and Belgium (3.3%) had been anticipated to spend essentially the most out of GDP on science and analysis final 12 months, whereas Romania invested the smallest share of GDP at 0.5% on this space.
The share of expenditure on science and analysis elevated from 2013 to 2023 in 20 EU member states, together with Slovakia, the place it grew from 0.82% to the present 1.4%, the institute added. The largest development over the ten-year interval was anticipated to be achieved by Belgium and Poland.
“The European Fee emphasizes that investments in analysis and growth strengthen competitiveness and are necessary for a resilient and sustainable economic system,” ISA reminded on the finish of its report. (December 12)
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