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<p>The Government is increasing public R&D spending by £7 billion by 2022, this
is the largest increase on record.</p><p>The department regularly assesses comparative
levels of R&D expenditure in the UK and EU member states.</p><p>The latest ONS
data estimates that overall gross R&D expenditure in the UK was £33.1bn in 2016,
which was 1.7% of GDP in that year. The latest OECD international comparison of R&D
expenditure ranked the UK 10<sup>th</sup> among EU member states, with overall gross
R&D expenditure in the EU28 estimated at 1.9% of GDP in 2016. More details can
be found here <a href="https://emea01.safelinks.protection.outlook.com/?url=http%3A%2F%2Foe.cd%2Fmsti&data=02%7C01%7C%7C6510a2f90baf44375ded08d68cf62dab%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C636851388031421726&sdata=UcM3BPVpEoXLweRwCTbDydMMK5cPS87%2F5a3lidlxGcw%3D&reserved=0"
target="_blank">http://oe.cd/msti</a></p>
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