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Ministry of Finance, Statistical Service

Latest Figures: Research and Development Activity in Cyprus, 2013

On the basis of the results of the survey carried out by the Statistical Service for the collection of data on scientific research and experimental development, total R & D expenditure in Cyprus in 2013 is estimated at €83,8 million which corresponds to 0,46% of the Gross Domestic Product, compared to €83,3 million or 0,43% of the GDP in 2012.

Cyprus (0,46%) continues to have one of the lowest shares of GDP devoted to R & D activities compared to the average for the member-states of the European Union (2,01%), along with Romania (0,39%), Latvia (0,60%) and Bulgaria (0,65%). The highest shares are recorded by Finland (3,31%), Sweden (3,30%) and Denmark (3,06%).

By sector of performance, the higher education institutions accounted for €47,1 million or 56,2% of total R & D expenditure, the business enterprises for €13,4 million or 15,9%, the government for €12,3 million or 14,7% and the private non-profit institutions for €11,0 million or 13,2%. 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 €4,5 million, while of importance was also the contribution of human health activities with €3,9 million and of computer programming, consultancy and related activities with €1,3 million.

The biggest part of R & D expenditure was devoted to the natural sciences (€30,7 million), while engineering and technology absorbed €21,3 million, the social sciences €14,0 million, the agricultural sciences €7,7 million, the humanities €7,0 million and the medical sciences €3,1 million.

About 37,9% of R & D activity in 2013 was financed from government funds (€31,8 million), as compared with €33,2 million or 39,9% in 2012, while €20,2 million was drawn from the budget of public universities and €16,4 million from sources from abroad (including European Union funds). An amount of €15,4 million constituted the contribution of the private sector, compared to €13,4 million in 2012.

The number of persons engaged in R & D activities in 2013 stood at 2.978, compared to 2.727 in 2012. In full-time equivalent terms, this number is estimated at 1.239 persons, of which 511 or 41,2% were women. Of these persons, 40,2% were PhD degree holders.



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