This statistic shows the research and development spending as a percentage of business expenditure of biotechnology companies in selected countries in 2021 (or latest year available). As of that year, biotechnology companies in the U.S. spent 17 percent of business expenditures on R&D.
Biotech R&D expenditure as a percent of BERD in selected countries in 2021
Business Enterprise Expenditure on R&D -- BERD. Data is for 2021 or latest available year (2020). For some countries, 2022 figures were already available.
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OECD. (November 8, 2023). Biotech R&D expenditure as a percent of BERD in selected countries in 2021 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD. "Biotech R&D expenditure as a percent of BERD in selected countries in 2021." Chart. November 8, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD. (2023). Biotech R&D expenditure as a percent of BERD in selected countries in 2021. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD. "Biotech R&d Expenditure as a Percent of Berd in Selected Countries in 2021." Statista, Statista Inc., 8 Nov 2023, https://www.statista.com/statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD, Biotech R&D expenditure as a percent of BERD in selected countries in 2021 Statista, https://www.statista.com/statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/ (last visited September 01, 2024)
Biotech R&D expenditure as a percent of BERD in selected countries in 2021 [Graph], OECD, November 8, 2023. [Online]. Available: https://www.statista.com/statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/