In 2023, Japan led intramural R&D expenditure at $175.31 billion, followed by Germany and South Korea. Notable growth rates were witnessed in Taiwan, Israel, and Poland, all surpassing 8% year-on-year. Developed economies like Japan and Germany showed modest growth of below 1%. Interestingly, Mexico experienced a decline, indicating a potential shift in regional R&D allocation. Central and Eastern Europe showed varied growth, with Lithuania and Estonia exceeding 6%.
Future R&D expenditure trends to watch include emerging markets potentially scaling up investment, technology-driven countries accelerating innovation, and geopolitical shifts influencing funding patterns.
Top countries in Total Intramural Expenditure on R&D in All Fields by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 175,310 | 2023 | +0.93% | +0.31% | View data |
| 2 | 2 Germany | 133,440 | 2023 | +1.55% | +0.8% | View data |
| 3 | 3 South Korea | 120,410 | 2023 | +4.43% | +4.76% | View data |
| 4 | 4 United Kingdom | 89,110 | 2023 | +3.19% | +2.22% | View data |
| 5 | 5 Taiwan | 60,780 | 2023 | +8.6% | +8.68% | View data |
| 6 | 6 Russia | 40,320 | 2023 | +0.89% | +1.95% | View data |
| 7 | 7 Italy | 33,930 | 2023 | +1.18% | +0.45% | View data |
| 8 | 8 Canada | 30,940 | 2023 | +0.75% | +0.69% | View data |
| 9 | 9 Spain | 26,120 | 2023 | +4.54% | +3.63% | View data |
| 10 | 10 Israel | 24,270 | 2023 | +6.34% | +8.31% | View data |
