|Business Expenditure on Research and Development (R&D) 2015-20201|
|of which; Irish Spend||809,662||858,849||967,088||962,986||977,845|
|1Expenditure for 2018 and 2020 estimated.|
Results from the 2019-2020 Business Expenditure on Research and Development survey show that almost €3.26bn was spent on Research and Development (R&D) activities by enterprises in Ireland in 2019. This represents an increase of 17.5% compared with actual expenditure in 2017. Current expenditure, which comprises of labour costs and other current costs, accounted for 82.9% of all expenditure in 2019, with capital expenditure accounting for the remaining 17.1% or €555.7m of total expenditure.
Irish-owned enterprises reported an increase in R&D spend of 12.1% or €104.1m, up from €858.8m in 2017 to €963.0m in 2019.
Enterprises were also asked to estimate their R&D expenditure for 2020. These estimates indicated an R&D expenditure of €3.39bn in 2020, with a split of 74.8% and 25.2% between current and capital expenditure respectively. See Headline Table and Figure 1.