Spain: scientific research & development production value 2021

The production value of the scientific research and development industry in Spain declined to 3.1 billion euros in 2021. Nevertheless, the last two years in this industry recorded a significant higher production value than the preceding years.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.

Find more statistics on the scientific research and development industry in Spain with key insights such as turnover and personnel costs.

Annual production value of the scientific research and development industry in Spain from 2012 to 2021 (in million euros)

Characteristic	Annual production value in million euros
2021	3,078.21
2020	3,158.1
2019	2,960.8
2018b	2,497.3
2017	2,478.2
2016	2,152.9
2015	2,425.4
2014	2,023.6
2013	1,665.2
2012	1,329.7

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Release date

March 2024

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Region

Spain

Survey time period

2012 to 2021

Supplementary notes

b: Break in time series.
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to code M72 of CE Rev 2.

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