Analysis of global business enterprise expenditure on R&D in Humanities and the Arts reveals South Korea leading with $1.31 billion USD PPP, followed by Taiwan. Poland and Portugal are nearly equal, while Hungary, Russia, and Eastern European countries show minimal investment. Year-on-year analysis shows a strong increase for Poland, Taiwan, and Portugal, while Russia and Slovakia saw significant declines. Looking over five years, there is a growing interest in countries like South Korea and Taiwan, while Eastern European nations lag behind.
Future trends may involve increased investment in emerging markets, spurred by digital transformation and cultural globalization, while traditional regions may face stagnation unless re-energized by policy changes or economic recovery.
Top countries in Business Enterprise Expenditure on R&D in Humanities and the Arts by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1,310 | 2023 | +5.73% | +5.91% | View data |
| 2 | 2 Taiwan | 55.78 | 2023 | +19.63% | +12.06% | View data |
| 3 | 3 Poland | 15.82 | 2023 | +3.12% | +14.11% | View data |
| 4 | 4 Portugal | 15.49 | 2023 | +2.92% | +11.99% | View data |
| 5 | 5 Hungary | 3 | 2023 | +4.61% | +11.78% | View data |
| 6 | 6 Russia | 2.25 | 2023 | -10.41% | -19.67% | View data |
| 7 | 7 Slovenia | 0.97 | 2021 | +2.52% | -16.5% | View data |
| 8 | 8 Slovakia | 0.87 | 2023 | +33.85% | -20.99% | View data |
| 9 | 9 Czech Republic | 0.76 | 2021 | +5.99% | -2.05% | View data |
| 10 | 10 Romania | 0.17 | 2023 | -8.7% | -9.58% | View data |
