Τotal research and experimental development expenditure in Cyprus in 2019 corresponds to 0.74% of GDP

Τotal-research-and-experimental-development-expenditure-in-cyprus-in-2019-corresponds-to-0.74%-of-gdp
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Total reseach and experimental development (R&D) expenditure in Cyprus in 2019 is estimated at €164.4 million which corresponds to 0.74% of the Gross Domestic Product, compared to €133.1 million or 0.62% of the GDP in 2018, on the the basis of the results of the survey carried out by the Statistical Service for the collection of data on scientific research and experimental development.According to the figures released Thursday, despite the substantial increase of 23.5% observed in R&D expenditure in 2019 …

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