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Reading: Austria ranks third in Europe in research and development and has exceeded European targets for the 13th consecutive year
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NewsWorld

Austria ranks third in Europe in research and development and has exceeded European targets for the 13th consecutive year

Austria has exceeded the European target of 3.0%

محمد يسري
Last updated: 24/04/2026 4:10 am
Mohammed Yossry
محمد يسري
ByMohammed Yossry
News Editor
Mohammed Yousry, editor at Voice of Emirates News Agency, Cairo office, is a journalist and researcher specializing in Islamic heritage and extremist groups.
- News Editor
4 months ago
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Austria ranks third in Europe in research and development and has exceeded European targets for the 13th consecutive year
Austria ranks third in Europe in research and development and has exceeded European targets for the 13th consecutive year (Photo/Archive)
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Highlights
  • Spending on research and development amounted to 3.34%
  • Austria is third in Europe and eighth globally
  • The pivotal role of the private sector

Vienna, Austria – The Austrian Statistical Office announced that Austria has continued to excel in research and development.

For the thirteenth consecutive year, it has exceeded the European target for spending in this sector.

Spending on research and development amounted to 3.34%

Austria spent 3.34% of its GDP on research and development in 2026,

exceeding the European target of 3.0%. Vienna trailed only Sweden (3.56%) and Belgium (3.36%).

Austria is third in Europe and eighth globally

According to the data, Austria ranked third in the European Union and eighth globally

among countries that spend the most on research and development.

Total spending also increased by 1.4% to reach approximately €17.6 billion.

The pivotal role of the private sector

The figures demonstrated the pivotal role of the private sector, with domestic

and foreign companies contributing approximately two-thirds of total spending, amounting to nearly €11 billion.

The federal government’s contribution was around €4.8 billion, while the federal states provided an additional €770 million in support.

TAGGED:AustriaEuropean goalsPrivate sectorResearch and DevelopmentVoice Of EmiratesVoice Of Emirates Website News
SOURCES:صوت الإمارات
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