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Hungary R&D Spending Close to HUF 887 bln in 2022

Innovation

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Spending on research and development in Hungary approached HUF 887 billion in 2022, data compiled by the Central Statistical Office (KSH) shows.

Businesses accounted for 72% of R&D spending, universities for 16% and the state for 13%.

R&D spending was equivalent to 1.33% of GDP.

Almost 92,000 people were employed in R&D and close to three-fourths were researchers.

More than 40,000 articles were published on research results, two-thirds in foreign language journals.

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