Volvo Group - research and development expenses 2004-2017

Volvo Group's research and development expenses from FY 2004 to FY 2017 (in million Swedish kronor)

The data describes Volvo Group's research and development expenses from the fiscal year of 2004 to the fiscal year of 2017. In the fiscal year of 2017, the Volvo Group incurred around 16.1 billion Swedish kronor in R&D costs.

2004 7614
2005 7557
2006 8354
2007 11059
2008 14348
2009 13193
2010 12970
2011 13276
2012 14794
2013 15124
2014 16656
2015 15368
2016 14631
2017 16098