Slovenia spent 2.8% of its GDP for R&D in 2012

Slovenia spent 2.8% of its GDP for R&D in 2012

 

Review by Christos T. Panagopoulos –

Slovenia spent 985 million euros on research and development (R&D) activity in 2012, which amounts to 2.8% of the country’s GDP, according to data released by the Statistics Office on Thursday.

R&D spending in the private sector accounted for 77.2% of all funds for this purpose. State funds accounted for 28.1% of all R&D funding, which represents around 0.78% of GDP, the data show.

Funding for R&D rose by 94 million euros or around 11% last year compared to a year earlier, the Statistics Office added.

According to its figures, 21,343 people work in the R&D sector in Slovenia, of which 59% are full-time researchers.

Source: Slovenia Times