BERD by size class and source of funds by country
Countries reporting
52
Highest
693,045 Million euro
United States
Lowest
3.08 Million euro
Montenegro
Median
4,162 Million euro
Years covered
45
1980–2024
Data points
1,805
What the numbers show
BERD by size class and source of funds is currently reported for 52 countries. The highest value is 693,045 Million euro in United States; the lowest is 3.08 Million euro in Montenegro.
The median across all reporting countries is 4,162 Million euro, and the mean is 39,194 Million euro.
Over the past decade 50 countries rose and 2 fell. The largest increase was in Cyprus (up 409.8%), and the largest decrease in Montenegro (down 36.4%).
BERD by size class and source of funds: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | United States | 693,045 Million euro | 2023 | up 185.4% | volatile |
| 1 | United States | 693,045 Million euro | 2023 | up 185.4% | volatile |
| 3 | Japan | 106,059 Million euro | 2023 | up 8.3% | rising |
| 4 | Germany | 92,509 Million euro | 2024 | up 62.3% | volatile |
| 5 | South Korea | 66,741 Million euro | 2023 | up 108.4% | volatile |
| 5 | South Korea | 66,741 Million euro | 2023 | up 108.4% | volatile |
| 7 | France | 42,006 Million euro | 2024 | up 34.9% | rising |
| 8 | United Kingdom | 30,179 Million euro | 2019 | up 72.1% | rising |
| 8 | United Kingdom | 30,179 Million euro | 2019 | up 72.1% | rising |
| 10 | Switzerland | 18,479 Million euro | 2023 | up 73.8% | volatile |
| 11 | Netherlands | 18,124 Million euro | 2024 | up 91.9% | volatile |
| 11 | Netherlands | 18,124 Million euro | 2024 | up 91.9% | volatile |
| 13 | Italy | 17,366 Million euro | 2024 | up 40.7% | volatile |
| 14 | Belgium | 15,073 Million euro | 2024 | up 125.8% | volatile |
| 15 | Sweden | 14,575 Million euro | 2024 | up 59.7% | rising |
| 16 | Spain | 13,342 Million euro | 2024 | up 96.7% | volatile |
| 17 | Türkiye | 11,871 Million euro | 2024 | up 293.9% | volatile |
| 18 | Austria | 11,120 Million euro | 2024 | up 51.8% | volatile |
| 19 | Russia | 9,500 Million euro | 2019 | up 38.4% | rising |
| 19 | Russia | 9,500 Million euro | 2019 | up 38.4% | rising |
| 21 | Poland | 7,568 Million euro | 2024 | up 320.4% | volatile |
| 21 | Poland | 7,568 Million euro | 2024 | up 320.4% | volatile |
| 23 | Denmark | 7,400 Million euro | 2024 | up 49.8% | volatile |
| 24 | Ireland | 6,590 Million euro | 2024 | up 212.8% | volatile |
| 25 | Finland | 6,039 Million euro | 2024 | up 36.9% | volatile |
| 26 | Norway | 4,541 Million euro | 2024 | up 31.1% | volatile |
| 27 | Czechia | 3,783 Million euro | 2024 | up 121.8% | volatile |
| 28 | Portugal | 3,162 Million euro | 2024 | up 205.2% | volatile |
| 29 | Hungary | 2,047 Million euro | 2024 | up 100.2% | volatile |
| 30 | Greece | 2,001 Million euro | 2024 | up 296.8% | volatile |
| 31 | Romania | 1,043 Million euro | 2024 | up 337.6% | volatile |
| 32 | Slovenia | 1,012 Million euro | 2024 | up 47.0% | volatile |
| 32 | Slovenia | 1,012 Million euro | 2024 | up 47.0% | volatile |
| 34 | Slovakia | 767.84 Million euro | 2024 | up 211.3% | volatile |
| 34 | Slovakia | 767.84 Million euro | 2024 | up 211.3% | volatile |
| 36 | Croatia | 636.11 Million euro | 2024 | up 287.9% | volatile |
| 36 | Croatia | 636.11 Million euro | 2024 | up 287.9% | volatile |
| 38 | Iceland | 542.26 Million euro | 2024 | up 240.4% | volatile |
| 39 | Bulgaria | 524.12 Million euro | 2024 | up 134.6% | volatile |
| 40 | Estonia | 472.23 Million euro | 2024 | up 278.3% | volatile |
| 40 | Estonia | 472.23 Million euro | 2024 | up 278.3% | volatile |
| 42 | Luxembourg | 386.33 Million euro | 2024 | up 16.4% | falling |
| 43 | Serbia | 356.12 Million euro | 2024 | up 368.2% | volatile |
| 44 | Lithuania | 335.92 Million euro | 2024 | up 188.7% | volatile |
| 44 | Lithuania | 335.92 Million euro | 2024 | up 188.7% | volatile |
| 46 | Latvia | 136 Million euro | 2024 | up 135.3% | volatile |
| 46 | Latvia | 136 Million euro | 2024 | up 135.3% | volatile |
| 48 | Cyprus | 102 Million euro | 2024 | up 409.8% | volatile |
| 49 | Malta | 86.78 Million euro | 2024 | up 159.3% | volatile |
| 50 | North Macedonia | 14.86 Million euro | 2023 | up 113.6% | rising |
| 51 | Bosnia and Herzegovina | 14.25 Million euro | 2021 | down 31.8% | falling |
| 52 | Montenegro | 3.08 Million euro | 2024 | down 36.4% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- China except Hong Kong 338,410 Million euro
- European Union - 27 countries (from 2020) 268,215 Million euro
- Euro area – 21 countries (from 2026) 231,790 Million euro
- Euro area – 20 countries (2023-2025) 231,265 Million euro