The objective of Europe’s Framework Programme was to invest 3% of its GDP into Research & Development. It only reached 2.03% so far, behind China (2.11%) and far behind the USA (2.66%).
The gap is even more noticeable if we look at the annual budget of the different space agencies: the Chinese National Space Administration’s budget is near twice as high at the European Space Agency’s budget, while the NASA has a budget of more than 3 times the one of the ESA.
Source: Jean-Paul Oury, https://www.europeanscientist.com
Picture: European Commission