Budget R&D spending up for fifth year in a row

Ljubljana, 21 September - Budget funding for research and development (R&D) stood at EUR 243.5 million in 2020, up 11% over the year before and the fifth consecutive annual increase, show Statistics Office data. Spending increased in relative terms as well, amounting to 0.52% of GDP.

The bulk of the spending, 48%, was channelled into general advancement of knowledge, followed by industrial production and technology (12%), health (12%), environment and agriculture (5% each).

Agriculture pushed energy from the top five priorities, the spending on energy R&D having decreased by nearly a fifth compared to the year before.

Much like in previous years, engineering, technology and the natural sciences received the most funding, 61% of the total.