The analysis of Global R&D Total Current Costs in 2024 highlights significant disparity among countries. Spain, Finland, and Israel lead with the highest R&D costs relative to Total GERD. The United States, although substantial, shows a decrease. Noteworthy increases in China, Luxembourg, and Argentina indicate expanding efforts. Countries like Slovakia and Estonia witnessed notable declines, hinting at strategic shifts or economic constraints.
Future trends to watch include sustained growth in emerging economies like China and Argentina, potentially reshaping the global landscape. Additionally, developed countries might face continued pressure to increase efficiency or face reduced investment in R&D activities.
Top countries in R&D Total Current Costs by Country
| # | 10 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 95.85 | 2023 | +0.52% | +0.49% | View data |
| 2 | 2 Finland | 95.63 | 2023 | +0.027% | +0.13% | View data |
| 3 | 3 Israel | 94.72 | 2023 | +0.1% | +0.11% | View data |
| 4 | 4 United States | 94.15 | 2023 | -0.28% | -0.21% | View data |
| 5 | 5 Slovenia | 93.76 | 2023 | +0.37% | +0.62% | View data |
| 6 | 6 Netherlands | 93.72 | 2023 | +0.14% | +0.14% | View data |
| 7 | 7 Sweden | 93.62 | 2023 | -0.1% | -0.16% | View data |
| 8 | 8 Russia | 93.16 | 2023 | -0.058% | -0.057% | View data |
| 9 | 9 Iceland | 92.6 | 2023 | +0.0081% | -0.31% | View data |
| 10 | 10 China | 92.1 | 2023 | +0.75% | +0.84% | View data |
