In 2023, Germany led global government expenditure on R&D in social sciences, allocating 1.59 billion USD PPP, with a modest year-on-year increase of 4.77%. Italy and Romania exhibited significant growth, with Italy's spending increasing by 6.56% and Romania's by 14.83%. South Korea, the United Kingdom, and Russia followed Germany, each showing moderate growth, with the UK notably increasing expenditure by 13.88%. In contrast, countries like Latvia, Iceland, and Estonia, while smaller in absolute expenditure, demonstrated the highest growth rates, with Iceland experiencing a remarkable 22.28% increase in 2023.
Looking ahead, several trends are worth monitoring. These include the strategic rises in R&D expenditure in developing and transition economies, emphasizing new policy frameworks prioritizing social sciences. Emerging technologies and digital transformation may influence higher investment, aiming to address societal challenges. Furthermore, geopolitical factors and global collaborations are likely to play crucial roles in shaping future R&D funding allocations across countries.
Top countries in Government Expenditure on R&D in Social Sciences by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,590 | 2023 | +4.69% | +4.77% | View data |
| 2 | 2 South Korea | 1,120 | 2023 | +3.02% | +3.81% | View data |
| 3 | 3 Italy | 715.18 | 2023 | +3.63% | +6.56% | View data |
| 4 | 4 United Kingdom | 497.09 | 2023 | +11.25% | +13.88% | View data |
| 5 | 5 Russia | 470.23 | 2023 | +2.93% | +1.75% | View data |
| 6 | 6 Spain | 272.9 | 2023 | +2.16% | +4.86% | View data |
| 7 | 7 Netherlands | 227.94 | 2023 | +2.77% | +3.65% | View data |
| 8 | 8 Taiwan | 225.92 | 2023 | +3.53% | +3.15% | View data |
| 9 | 9 Norway | 195.77 | 2023 | +1.63% | +1.13% | View data |
| 10 | 10 Finland | 97.69 | 2023 | +1.95% | +1.4% | View data |
