In 2024, Japan leads global government expenditure on R&D in Agricultural and Veterinary Sciences with $1.81 billion, followed by the UK and South Korea. Recent trends show that while Japan experienced a slight decline in investment, countries like Slovakia, Singapore, and the UK saw significant increases, with Slovakia topping a 5.24% increase. Despite major countries having mixed expenditure patterns, Eastern European countries such as Romania and Latvia also displayed notable growth rates.
Future trends to watch include potential shifts in investment priorities towards sustainable agricultural practices and veterinary health innovations, spurred by increasing global pressures on food security and health resilience.
Top countries in Government Expenditure on R&D in Agricultural and Veterinary Sciences by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 1,810 | 2023 | -0.99% | -1.1% | View data |
| 2 | 2 United Kingdom | 1,060 | 2023 | +3.92% | +4.51% | View data |
| 3 | 3 South Korea | 868.13 | 2023 | +1.47% | +1.33% | View data |
| 4 | 4 Germany | 815.23 | 2023 | +0.89% | -0.059% | View data |
| 5 | 5 Russia | 518.65 | 2023 | +0.83% | +0.98% | View data |
| 6 | 6 Spain | 493.1 | 2023 | +1.04% | +0.74% | View data |
| 7 | 7 Taiwan | 458.84 | 2023 | +0.087% | +2.68% | View data |
| 8 | 8 Italy | 401 | 2023 | +0.093% | +2.43% | View data |
| 9 | 9 Netherlands | 245.16 | 2023 | -1.77% | -0.93% | View data |
| 10 | 10 Norway | 185.24 | 2023 | +1.1% | -1.37% | View data |
