General Electric's research and development costs overall decreased from the fiscal year of 2011 to the fiscal year of 2021. In the fiscal year of 2021, the company incurred around 3.69 billion U.S. dollars in research and development costs.
General Electric's research and development costs from FY 2011 to FY 2021
(in billion U.S. dollars)
Characteristic
Research and development costs in billion U.S. dollars
The figures for 2011 through 2017 were taken from previous editions. The values have been rounded.
Overall research and development costs are funded by General Electric and its customers and partners.
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General Electric. (February 11, 2022). General Electric's research and development costs from FY 2011 to FY 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/261523/research-and-development-spending-of-general-electric/
General Electric. "General Electric's research and development costs from FY 2011 to FY 2021 (in billion U.S. dollars)." Chart. February 11, 2022. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/261523/research-and-development-spending-of-general-electric/
General Electric. (2022). General Electric's research and development costs from FY 2011 to FY 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/261523/research-and-development-spending-of-general-electric/
General Electric. "General Electric's Research and Development Costs from Fy 2011 to Fy 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Feb 2022, https://www.statista.com/statistics/261523/research-and-development-spending-of-general-electric/
General Electric, General Electric's research and development costs from FY 2011 to FY 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/261523/research-and-development-spending-of-general-electric/ (last visited May 22, 2022)