The analysis of global government-financed R&D expenditure shows Egypt leading with an upward trend of 0.18%, while countries like Mexico and Argentina face declines. Russia and Brazil show moderate increases, while high-tech nations, including the US and China, continue to invest but see a decline in expenditure share, with the US enduring a significant reduction of 4.13%. Notable increases have been observed in Chile, Luxembourg, and South Korea, indicating growing governmental support in these regions for R&D investments.
Future trends to watch include:
- Increases in R&D commitment in burgeoning tech-centric nations could shift global dynamics.
- Cyclical fluctuations in GDP affecting long-term R&D expenditure trajectories.
- Potential shifts influenced by geopolitical changes and technology advancements.
Top countries in Gross Domestic Expenditure on R&D Financed by Government by Country
| # | 10 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Egypt | 96.27 | 2023 | +0.26% | +0.18% | View data |
| 2 | 2 Mexico | 76.42 | 2023 | -0.16% | -0.46% | View data |
| 3 | 3 Russia | 67.82 | 2023 | +0.0062% | +0.23% | View data |
| 4 | 4 Argentina | 58.07 | 2023 | -0.41% | -2.27% | View data |
| 5 | 5 Brazil | 55.06 | 2023 | +0.25% | +0.54% | View data |
| 6 | 6 Chile | 50.54 | 2023 | +4.95% | +1.18% | View data |
| 7 | 7 Luxembourg | 49.49 | 2023 | +2.56% | +2.8% | View data |
| 8 | 8 Norway | 47.17 | 2023 | +0.58% | -0.36% | View data |
| 9 | 9 Kazakhstan | 46.9 | 2023 | -0.22% | +1.05% | View data |
| 10 | 10 Ukraine | 45.72 | 2023 | +0.24% | -0.24% | View data |
