In 2023, the United States led Global Intramural R&D Expenditure, with a significant year-on-year increase of 9.78%. China, Japan, and Germany followed, although Japan's growth was subdued at 0.85%. Emerging European countries saw sizable variations, notably Portugal (15.95%), Lithuania (16.79%), and Estonia (16.35%). Poland (8.82%) and Ireland (10.07%) marked notable growth among smaller economies. Variations point to a strong momentum in these markets.
Future trends suggest a continued pivot towards Asia and Eastern Europe as they gain momentum in R&D investments. Observing emerging markets' sustained growth in R&D could shuffle global shares significantly.
Top countries in Intramural R&D Expenditure in the Business Enterprise Sector Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 43.61 | 2023 | +6.4% | +9.78% | View data |
| 2 | 2 China (except Hong Kong) | 21.33 | 2023 | |||
| 3 | 3 Japan | 8.25 | 2023 | +1.9% | +0.85% | View data |
| 4 | 4 Germany | 5.76 | 2023 | +2.56% | +1.96% | View data |
| 5 | 5 South Korea | 4.75 | 2023 | +4.66% | +4.34% | View data |
| 6 | 6 France | 2.73 | 2023 | +1.74% | +2.04% | View data |
| 7 | 7 United Kingdom | 2.36 | 2023 | +2.14% | +2.86% | View data |
| 8 | 8 Switzerland | 1.2 | 2023 | +3.21% | +4.37% | View data |
| 9 | 9 Italy | 1.16 | 2023 | +1.12% | +0.082% | View data |
| 10 | 10 Belgium | 1.08 | 2023 | +7.44% | +9.6% | View data |
