revealed that in 2021 Luxembourg spent more than all the other EU member states. Only Norway (€707.2) and Switzerland (€706.5), which don’t belong to the European Union, invested more per resident. Denmark, with €530 per capita and Germany with €470.9 complete the podium.

For Luxembourg, this represents a year-on-year increase of €80.7 per capita. This growth is a trend observed in most EU countries too. In 2021, the total government budget allocation for R&D in the European Union amounted to €109,250m (0.8% of GPD), a 6% increase compared to 2020 (€102,791m). Only Romania, Hungary, Cyprus and Finland reduced their spending in this sector over the year.

However, in November 2021, another Eurostat study revealed that . Only 1.1% of the country’s GDP went into research and development, compared to neighbouring Belgium which at the time invested 3.5% of its GDP. The Chamber of Commerce at the time criticised the budget allocation to the sector, calling it stagnant.

In a joined initiative with the national research fund (FNR) and Luxinnovation, the economy ministry on 25 July 2022 said it would (HPC) capacity. The year before, the government had offered support in in a bid to turn the country into a so-called medicine valley.