R&D spending in Sweden by business rose an estimated 4.2% in 2008 to SEK 87,681 million ($12,498 million) in constant prices. Within the business sector, R&D investments by producers of goods accounted for 75% of spending compared to 25% for the service sector. R&D spending by the higher education sector (excluding ALF funds) also increased, gaining 3.9% to SEK 25,234 million in constant prices. However, government spending on R&D declined 4.1% to SEK 5,238 million. Medicine was the scientific field that accounted for the largest share of R&D expenditures, followed by technology and natural sciences.

Source: Statistics Sweden