In 2021, BASF spent some 2.2 billion euros on research and development, a small increase compared to the previous year. BASF is the largest diversified chemical company worldwide and is headquartered in Ludwigshafen, Germany.
BASF's expenditure on research and development from 2010 to 2021
(in million euros)
BASF has applied International Financial Reporting Standards 10 and 11 as well as International Accounting Standard 19 (revised) since January 1, 2013. Accordingly, the figure for 2012 was restated; no restatement was made for 2011 or earlier.
The figure for 2018 was restated with the presentation of the oil and gas activities as discontinued operations.
This statistic was assembled using previous editions of the report.
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BASF. (February 25, 2022). BASF's expenditure on research and development from 2010 to 2021 (in million euros) [Graph]. In Statista. Retrieved June 27, 2022, from https://www.statista.com/statistics/281124/expenditure-on-research-and-development-at-basf/
BASF. "BASF's expenditure on research and development from 2010 to 2021 (in million euros)." Chart. February 25, 2022. Statista. Accessed June 27, 2022. https://www.statista.com/statistics/281124/expenditure-on-research-and-development-at-basf/
BASF. (2022). BASF's expenditure on research and development from 2010 to 2021 (in million euros). Statista. Statista Inc.. Accessed: June 27, 2022. https://www.statista.com/statistics/281124/expenditure-on-research-and-development-at-basf/
BASF. "Basf's Expenditure on Research and Development from 2010 to 2021 (in Million Euros)." Statista, Statista Inc., 25 Feb 2022, https://www.statista.com/statistics/281124/expenditure-on-research-and-development-at-basf/
BASF, BASF's expenditure on research and development from 2010 to 2021 (in million euros) Statista, https://www.statista.com/statistics/281124/expenditure-on-research-and-development-at-basf/ (last visited June 27, 2022)
