Germany as a country for research

Expenditure on research and development are an important indicator of a country’s prosperity and competitiveness. Thanks to this for example kind of investment jobs can be created. In 2014, Germany spent around 2.84 percent of GDP (BIP) on research and development. Compared with other European countries, that is a considerable proportion. The average for all 28 EU countries together was 2.08 percent of GDP in the same year. Only Austria, Finland, Sweden, Denmark and the non-EU country of Japan spent a larger proportion of GDP on research and development between 2012 and 2014.