The analyzed data shows that South Korea leads with significant government budget allocation to R&D in political and social systems at $25.31 billion, followed by Russia and France. Between 2022 and 2023, South Korea's allocation grew by 2.22%, whereas France saw a decline of 4.38%. Noteworthy increases were in the Netherlands (+126.28%) and Norway (+81.46%), indicating rising investment interest. Conversely, Australia experienced a significant drop of 24.87%. Over the last five years, the compound annual growth rate highlights varied trends, with some countries accelerating their investments substantially.
Future trends to watch include emerging technological advancements influencing political and social R&D globally. Nations are increasingly prioritizing digital transformation in public sectors, which may lead to exponential growth or reallocation of their R&D budgets. Monitoring global geopolitical dynamics might reveal shifts in funding distribution, especially in countries with volatile political environments.
Top countries in Government Budget Allocations for R&D in Political and Social Systems, Structures and Processes by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 25,310 | 2023 | +3.13% | +2.22% | View data |
| 2 | 2 Russia | 17,560 | 2023 | +0.8% | +0.69% | View data |
| 3 | 3 France | 14,750 | 2023 | +2.8% | -4.38% | View data |
| 4 | 4 Netherlands | 6,100 | 2023 | +4.56% | +126.28% | View data |
| 5 | 5 Poland | 4,560 | 2023 | +4.28% | +5.74% | View data |
| 6 | 6 Norway | 3,540 | 2023 | +4.5% | +81.46% | View data |
| 7 | 7 Greece | 2,350 | 2023 | +5.31% | +3.53% | View data |
| 8 | 8 Portugal | 1,550 | 2023 | +3.79% | +4.79% | View data |
| 9 | 9 Italy | 1,400 | 2023 | -27.32% | +30.64% | View data |
| 10 | 10 Australia | 1,210 | 2023 | +0.18% | -24.87% | View data |
