Expenditure on Education and Research Reaches 2023 New Maximum
2 Articles
2 Articles
According to provisional calculations, public households and the private sector spent 398 billion euros on education, research and science in Germany in 2023. According to the Federal Statistical Office (Destatis), this was 24 billion euros in nominal terms (not adjusted for prices) or 7 % more than in the previous year. Expenditure on gross domestic product (GDP) amounted to 9.5 % in 2023 and thus to the same level as in the previous year. {/mp…
According to preliminary calculations, public budgets and the private sector spent €398 billion on education, research, and science in Germany in 2023. According to the Federal Statistical Office (Destatis), this was a nominal (not price-adjusted) increase of €24 billion, or 7%, compared to the previous year. The share of spending in gross domestic product (GDP) in 2023 was 9.5%, the same as the previous year.
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