PARLIAMENTARY WRITTEN QUESTION
(17 December 2024)

To ask the Secretary of State for Science, Innovation and Technology, if he will make an estimate of the total value of investment made in research and development in the (a) public and (b) private sector in each of the last five years.

Asked by:
Lauren Edwards (Labour)

The Office for National Statistics routinely publishes official statistics on Gross Expenditure on Research & Development (GERD), including breakdowns of expenditure by sector. These statistics show the total value of R&D performed, for each of the past five years for which data is available (2018 – 2022), was:

	2018	2019	2020	2021	2022
(a) Public (Government inc. UKRI)	2,604	2,662	3,080	3,366	3,619
(b) Private (Business Enterprise + Private Non-Profit)	41,775	43,007	44,893	47,902	50,802

Current prices (£m)

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