BILBAO – Investment in Research and growth (R&D) within the Basque Country experienced a significant surge, climbing 5.6% to reach 2.15% of its Gross Domestic Product (GDP), according to data released today, November 14, 2025. This increase elevates total R&D expenditure to €2,144 million, marking a new high for the region.
The significant rise in R&D spending signals a strengthened commitment to innovation and technological advancement within the Basque Country, positioning it for future economic growth and competitiveness. This investment is expected to benefit a wide range of sectors, from advanced manufacturing and renewable energy to biotechnology and digital technologies, impacting both regional businesses and employment opportunities.The increased funding will likely accelerate ongoing projects and attract further private investment in research initiatives.
The Basque Country has long prioritized R&D as a cornerstone of its economic strategy, aiming to transition towards a knowledge-based economy. This latest increase builds upon previous efforts to foster collaboration between universities, research centers, and private companies.The regional government has implemented various programs to incentivize R&D investment, including tax breaks, grants, and support for technology transfer.
This latest data confirms the Basque Country’s dedication to meeting and exceeding the European Union’s target of investing 3% of GDP in R&D by 2030.The region’s progress is notably noteworthy given the broader economic challenges facing europe, demonstrating a proactive approach to securing long-term economic resilience through innovation.
