In 2023, Germany led in government R&D expenditure in natural sciences, with robust growth of 2.14%. Russia and Japan trailed, showing marginal increases and slight declines, respectively. South Korea, Czech Republic, and Spain exhibited moderate growth, while Latvia and Norway experienced declines. Over the last five years, the Compound Annual Growth Rate (CAGR) for these countries was variable, reflecting diverse investment priorities and economic contexts.
Future trends indicate that countries like Germany and the Czech Republic, with increasing R&D investments, may continue to dominate. Emerging European economies like Lithuania and Estonia show rapid growth, suggesting a potential shift in global R&D expenditure dynamics. Countries with declining investments may need to reassess their strategies to remain competitive. Monitoring investments in technologically advanced and innovative fields will be crucial.
Top countries in Government Expenditure on R&D in Natural Sciences Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.21 | 2023 | +1.27% | +2.14% | View data |
| 2 | 2 Russia | 18.12 | 2023 | +0.99% | +0.67% | View data |
| 3 | 3 Japan | 14.05 | 2023 | -0.96% | -1.67% | View data |
| 4 | 4 Italy | 6.63 | 2023 | -1.05% | +0.1% | View data |
| 5 | 5 South Korea | 6.07 | 2023 | +2.8% | +1.28% | View data |
| 6 | 6 Czech Republic | 4.17 | 2023 | +2.43% | +3.79% | View data |
| 7 | 7 Spain | 4.13 | 2023 | +1.51% | +3.16% | View data |
| 8 | 8 Taiwan | 3.17 | 2023 | -0.37% | +0.92% | View data |
| 9 | 9 Netherlands | 1.68 | 2023 | -0.97% | -1.42% | View data |
| 10 | 10 Romania | 1.53 | 2023 | +2.29% | +3.55% | View data |
