To ask the Chancellor of the Exchequer, with reference to the Autumn Budget and Spending Review 2021, what estimate he has made of spending on (a) science and (b) R&D tax reliefs as a proportion of GDP for each year from 2018 to the end of the current Parliament.
Answered on
3 November 2021
The estimates on government Research & Development spending and tax reliefs as a proportion of GDP for each year from 2018 are as follows:
%, GDP | 2018 | 2019/20 | 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 |
R&D Spending | 0.4 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 |
R&D Tax Reliefs | 0.2 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
Notes: | |||||||
Rounded to 1 decimal place | |||||||
Government Research & Development (R&D) spending and tax reliefs have been calculated using the Frascati definition, with estimates for R&D funded by government. OECD averages do not account for contributions to EU science programmes, UK figures reported consistent with OECD calculations. Source for definition. Gross domestic expenditure on research and development, UK: 2019 | |||||||
Sources: | |||||||
Gross domestic expenditure on research and development, UK: 2019, Published BEIS R&D allocations UKRI budget allocations (2021/22) | |||||||