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United Kingdom · Question · Written question

HL HL3192

Research: Expenditure

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 December 2024

Last action

18 December 2024 · Answer

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Answered

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Discovery layer

Source updated

18 December 2024

Summary

To ask His Majesty's Government what is the total UK spend on research and development as a percentage of gross domestic product; where the UK ranks against the other OECD nations in this regard; and what is their target for increasing the level by the en

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Timeline

  1. 4 December 2024

    Written question

    To ask His Majesty's Government what is the total UK spend on research and development as a percentage of gross domestic product; where the UK ranks against the other OECD nations in this regard; and what is their target for increasing the level by the en

    Source: Lords

  2. 18 December 2024

    Answer

    Office for National Statistics figures show that the UK spent 2.77% of its GDP on research and development in 2022, placing it 11th amongst OECD countries. The trajectory for public spending on R&D from 2026/27 onward will be set at the Spending Revie...

    Source: Written answer

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