The United Kingdom leads in R&D expenditure in social sciences and humanities among the listed countries, showing a steady increase of 2.86% in 2023. Poland and South Korea follow, with significant investments, the latter surging by 74.41% due to increased focus and government policies encouraging research. Taiwan and Spain also show positive trends, but at a more moderate pace. In contrast, countries like Hungary, Slovenia, and Slovakia face declines, indicating shifting priorities or economic restraints. Lithuania and Estonia are emerging with notable growth rates, signaling potential future leadership in this sector.
Looking ahead, South Korea's aggressive investment strategy is expected to continue, possibly influencing other nations to bolster their research funding. The trend towards digitization and the increasing importance of social and cultural research may drive further R&D investments. Cooperation among European countries could also enhance research capabilities and innovate shared solutions to global challenges.
Top countries in Business Enterprise R&D Expenditure in Research and Experimental Development on Social Sciences and Humanities Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 34.71 | 2023 | +4.07% | +2.86% | View data |
| 2 | 2 Poland | 22.73 | 2023 | +6.26% | +7.45% | View data |
| 3 | 3 South Korea | 14.43 | 2023 | +24.45% | +74.41% | View data |
| 4 | 4 Taiwan | 12.89 | 2023 | +4.27% | +3.11% | View data |
| 5 | 5 Spain | 7.24 | 2023 | +2.87% | +6.94% | View data |
| 6 | 6 Lithuania | 2.73 | 2023 | +29.65% | +12.4% | View data |
| 7 | 7 Italy | 2.46 | 2021 | +54% | +10.53% | View data |
| 8 | 8 Hungary | 2.07 | 2023 | +0.075% | -3.27% | View data |
| 9 | 9 Slovenia | 0.64 | 2023 | -9.06% | -5.75% | View data |
| 10 | 10 Estonia | 0.41 | 2023 | +17.72% | +12.73% | View data |
