|Business Expenditure on Research and Development (R&D) 2011-20181|
|1Expenditure for 2018 is estimated|
Results from the 2017-2018 Business Expenditure on Research and Development survey show that almost €2.8bn was spent on research and development (R&D) activities by enterprises in Ireland in 2017. This represents an increase of 24% compared with actual expenditure in 2015 and is the largest biennial increase in the last 10 years. Current expenditure, which comprises labour costs and other current costs, accounted for 90% of all expenditure in 2017, with capital expenditure accounting for the remaining 10% or €278m of total expenditure.
Irish owned enterprises reported an increase in R&D spend of 6% or €49m, up from €810m in 2015 to €859m in 2017.
Enterprises were also asked for their estimated R&D expenditure in 2018. These estimates indicate that R&D expenditure increased to €2.78bn in 2018, with the split between current and capital expenditure similar to data reported for 2017. See Headline Table and Figure 1.