In 2023, biotechnology companies in Belgium spent nearly 38 percent of their business expenditures on R&D. Meanwhile, the United States spent nearly 18 percent of its business expenditures on research and development for the same period.Â
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OECD. (March 18, 2026). Biotech R&D expenditure as a percent of BERD in selected countries in 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD. "Biotech R&D expenditure as a percent of BERD in selected countries in 2023." Chart. March 18, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD. (2026). Biotech R&D expenditure as a percent of BERD in selected countries in 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD. "Biotech R&d Expenditure as a Percent of Berd in Selected Countries in 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Mar 2026, /statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
OECD, Biotech R&D expenditure as a percent of BERD in selected countries in 2023 ÌÇÐÄÆƽâ°æ, /statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/ (last visited July 29, 2026)
Biotech R&D expenditure as a percent of BERD in selected countries in 2023 [Graph], OECD, March 18, 2026. [Online]. Available: /statistics/379958/country-biotechnology-company-rd-spending-berd-percentage/
