Global government expenditures on R&D health exhibits significant disparities among countries. Spain leads with the highest spending, followed by the United Kingdom and Germany. Over the last year, Belgium, Hungary, and Estonia showed remarkable growth in R&D health spending, while Japan, Israel, and Iceland saw declines. Despite variations, consistent investment increases are notable in countries like Austria and Romania. Over the last five years, there has been an overall positive trend in most mature and emerging economies, signifying a collective prioritization of health R&D.
Looking ahead, expect continued growth in R&D health spending, driven by technological advancements, healthcare challenges, and international collaborations. Monitoring countries with high growth rates and increasing international tendencies could provide insights into future global health R&D dynamics.
Top countries in Government Expenditures on R&D Health Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 13.57 | 2023 | +1.44% | +2.19% | View data |
| 2 | 2 United Kingdom | 12.56 | 2023 | +1.75% | +2.5% | View data |
| 3 | 3 Germany | 10.79 | 2023 | +2.53% | +2.77% | View data |
| 4 | 4 Netherlands | 10.38 | 2023 | +2.57% | +2.68% | View data |
| 5 | 5 Australia | 8.26 | 2023 | +3.02% | +2.23% | View data |
| 6 | 6 France | 7.74 | 2023 | +0.44% | +0.89% | View data |
| 7 | 7 Austria | 6.68 | 2023 | +2.17% | +2.81% | View data |
| 8 | 8 Italy | 6.25 | 2023 | +0.14% | +0.61% | View data |
| 9 | 9 Norway | 4.17 | 2023 | +2.16% | +2.13% | View data |
| 10 | 10 Poland | 3.27 | 2023 | +2.95% | +1.98% | View data |
