In 2023, Israel led in Global Business Enterprise Expenditure on R&D in ICT, followed by Estonia and Ireland, showcasing a concentration of ICT investment in smaller, innovation-driven economies. The United States, with significant absolute R&D spending, still maintains a competitive position.
Recent trends indicate robust growth in Poland, Latvia, and Slovakia, reflecting emerging markets' increasing focus on ICT. Sweden and Iceland showed moderate increases, while Mexico, South Korea, and Taiwan experienced declines, pointing to potential concerns in their ICT investment strategies.
Future trends to watch include the impact of digital transformation and AI investments on ICT sectors, especially in advanced markets, and their role in reshaping global R&D expenditure dynamics.
Top countries in Business Enterprise Expenditure on R&D Performed in Information and Communication Services by Country
| # | 10 Countries | Percent of BERD Performed in ICT | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 54.02 | 2023 | +1.33% | +5.31% | View data |
| 2 | 2 Estonia | 44.78 | 2023 | +1.76% | +0.96% | View data |
| 3 | 3 Ireland | 32.08 | 2023 | +0.77% | +1.42% | View data |
| 4 | 4 Norway | 31.56 | 2023 | +2.01% | +2.92% | View data |
| 5 | 5 United States | 30.17 | 2023 | +3.32% | +3.86% | View data |
| 6 | 6 Sweden | 29.96 | 2023 | +4.93% | +5.99% | View data |
| 7 | 7 Poland | 29.82 | 2023 | +3.17% | +6.92% | View data |
| 8 | 8 Iceland | 28.31 | 2023 | +1.33% | +1.21% | View data |
| 9 | 9 Slovakia | 25.48 | 2023 | +6.12% | +13.64% | View data |
| 10 | 10 Czech Republic | 24.4 | 2023 | +3.53% | +3.93% | View data |
