Research: Expenditure:Written question - 201140

Q
Asked by Liam Byrne
(Birmingham, Hodge Hill)
[N]
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Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 11 December 2018
Treasury
Research: Expenditure
Commons
To ask the Chancellor of the Exchequer, what estimate he has made of UK expenditure on research and development as a proportion of GDP in 2017-18; and how that level of expenditure compares to (a) other G7 countries and (b) the EU.
A
Answered by: Elizabeth Truss
Answered on: 17 December 2018

The latest ONS data estimates that overall gross R&D expenditure in the UK was £33.1bn in 2016, which was 1.7% of GDP in that year. 2017 data is due to be released in March 2019. The latest OECD international comparison of R&D expenditure ranked the UK 5th in the G7 and 10th among EU nations in 2016.

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