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Ministry of Finance, Statistical Service



08/07/2013
Latest Figures: Research and Development Activity in Cyprus, 2011

On the basis of the results of the ad hoc survey carried out by the Statistical Service for the collection of data on scientific research and experimental development (R & D), total R & D expenditure in Cyprus in 2011 is estimated at €88,9 mn which corresponds to 0,49% of the Gross Domestic Product, compared to €86,2 mn or 0,50% of the GDP in 2010 and €83,0 mn or 0,49% in 2009.

Τhe share of the GDP of Cyprus devoted to R & D activities continues to be low compared to the average for the member-states of the European Union (2%). Cyprus compares with countries such as Romania (0,48%) and Bulgaria (0,57%), while the highest shares are recorded for Sweden (3,37%) and Finland (3,78%).

By sector of performance, the higher education institutions accounted for €47,5 mn or 53,4% of total R & D expenditure, the government for €14,7 mn or 16,6%, the private non-profit institutions for €13,9 mn or 15,6% and the business enterprises for €12,8 mn or 14,4%. In the business enterprise sector, the manufacturing industry (and particularly the manufacturers of basic pharmaceutical products and preparations) constituted the principal source of R & D activity, with a total R & D expenditure of €4,2 mn, while of importance was also the contribution of computer programming, consultancy and related activities with €4,0 mn.

The biggest part of R & D expenditure was devoted to the natural sciences (€34,7 mn), while engineering and technology absorbed €19,5 mn, the social sciences €15,0 mn, the agricultural sciences €9,3 mn, the humanities €6,7 mn and the medical sciences €3,7 mn.

About 43,9% of R & D activity in 2011 was financed from government funds (€39,0 mn), as compared with €37,0 mn or 42,9% in 2010, while €23,8 mn was drawn from the budget of public universities and €12,5 mn from sources from abroad (including €10,9 mn from European Union funds). An amount of €13,6 mn constituted the contribution of the private sector, compared to €14,4 mn in 2010.

The number of persons engaged in R & D activities in 2011 stood at 2.788, compared to 2.628 in 2010. In full-time equivalent terms, this number is estimated at 1.297 persons, of which 530 or 40,9% were women. Of these persons, 37,2% were holders of PhD level degrees.

Additional information on the subject can be downloaded from the web site of the Statistical Service.


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