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R&D spending accounts for 0.47 pct of GDP in 2020

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R&D expenditures accounted for 0.47 pct of GDP in 2020, of which 0.28 pct for the private sector and 0.19 pct for the public sector, according to data centralized by the of Statistics (INS). Last year, an amount of RON 4.964 billion was spent on the four performance sectors of the research and development activity, of which RON 4.643 billion current expenses (93.5 pct) and RON 320.9 million capital expenditures (respectively 6.5 pct).
The spending on applied research represented 61.2 pct of the total expenditures for the research and development activity, registering…

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