In 2023, Germany led in global government expenditure on R&D in natural sciences, followed by Russia and Japan. Countries like Poland, Czech Republic, and Estonia exhibited the largest year-on-year growth rates, indicating a strengthened focus on innovation. Latvia was the only country showing a negative trend. Over the past five years, sustained investments have been observed particularly in Eastern European countries and South Korea, reflecting strategic priorities.
Future trends to watch include increasing R&D spending from emerging economies, especially in technology-driven sectors. Global shifts in policy focus towards sustainability and clean energy are likely to influence R&D priorities significantly.
Top countries in Government Expenditure on R&D in Natural Sciences by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 10,300 | 2023 | +3.25% | +4.37% | View data |
| 2 | 2 Russia | 5,390 | 2023 | +2.28% | +2% | View data |
| 3 | 3 Japan | 3,770 | 2023 | +0.72% | +0.32% | View data |
| 4 | 4 Italy | 2,040 | 2023 | +0.57% | +2.63% | View data |
| 5 | 5 South Korea | 1,710 | 2023 | +3.98% | +3.21% | View data |
| 6 | 6 Czech Republic | 1,230 | 2023 | +3.29% | +5.95% | View data |
| 7 | 7 Spain | 1,190 | 2023 | +2.63% | +4.92% | View data |
| 8 | 8 Taiwan | 871.63 | 2023 | +1.72% | +3.25% | View data |
| 9 | 9 Netherlands | 500.39 | 2023 | +0.54% | +0.99% | View data |
| 10 | 10 Romania | 476.66 | 2023 | +2.9% | +5.79% | View data |
