€121.0 Million Total Expenditure on Research and Development in Malta, in year 2023 - A National Statistics Office Report
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Salient Points:
In 2023, total expenditure on R&D amounted to €121.0 million, corresponding to 0.6 per cent of GDP, an increase of €16.1 million compared to 2022.
Basic Research was the major R&D activity, while labour costs represented 69.2 per cent of the total R&D expenditure.
The highest proportion of expenditure by scientific field was noted in Engineering and technology, amounting to 51.2 per cent of the total R&D expenditure.
3,460 employees were engaged in R&D, with 1,955 on a part-time basis.
In 2024, the highest disbursements of Government Budget Allocations for R&D (GBARD) were recorded in the R&D financed from General University Funds for Social Sciences.