R&D spending accounts for 0.47 pct of GDP in 2020

R&D expenditures accounted for 0.47 pct of GDP in 2020, of which 0.28 pct for the private sector and 0.19 pct for the public sector, according to data centralized by the National Institute of Statistics (INS).Last year, an amount of RON 4.964 billion was spent on the four performance sectors of the research and development activity, of which RON 4.643 billion current expenses (93.5 pct) and RON 320.9 million capital expenditures (respectively 6.5 ...

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