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Scotland R&D spending reaches estimated £5.2bn in 2024

Gross research and development expenditure performed in Scotland was estimated at £5.2 billion in 2024, equal to 6.6% of the UK total.

Newsverum · Source brief1 min read

Event / data period: 2024

Published: · Updated:

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The Scottish Government’s report on research and development expenditure in 2024, published on 7 October, estimated gross spending performed in Scotland at £5.2 billion. That was 6.6% of the United Kingdom total.

Businesses accounted for £2.8 billion, or 54.1% of the total, while higher education accounted for £2.0 billion, or 38.8%. Spending rose by £158 million in nominal terms; the inflation-adjusted increase was 0.9%. The 2024 higher-education value is an estimate and may be revised in 2027.

Data

Table

Scotland research and development expenditure in 2024

Gross R&D expenditure performed in Scotland; sector shares are source estimates.

All sectors5.2100
Business2.854.1
Higher education238.8
Methodology

Figures estimate gross expenditure on research and development performed in Scotland in 2024. Monetary values are at current prices unless stated otherwise; the real annual change is separately adjusted for inflation. The 2024 higher-education value is an estimate and may be revised in 2027.

Updated:

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