The United States dominates global business enterprise R&D expenditure in publishing activities with $89.51 million PPP, representing a slight 4.19% growth in 2023. South Korea, with $9.28 million, and Finland, with $1.07 million, show strong year-on-year growth at 11.89% and 33.48%, respectively. Poland and the Czech Republic also posted significant increases at 22.03% and 20.14%. In contrast, Italy and Iceland experienced declines of 10.68% and 34.11%. Over the past five years, the compound annual growth rate (CAGR) indicates a general upward trend, especially in smaller markets.
Future trends to watch include potential continued growth in emerging markets like Poland and the Czech Republic, driven by technological advancements and digitalization. Conversely, mature markets such as Japan and the United States might experience stabilizing or reduced growth rates unless new innovations catalyze further investment.
Top countries in Business Enterprise R&D Expenditure in Publishing Activities Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 89.51 | 2023 | +2.1% | +4.19% | View data |
| 2 | 2 South Korea | 9.28 | 2023 | +10.73% | +11.89% | View data |
| 3 | 3 Finland | 1.07 | 2023 | +23.9% | +33.48% | View data |
| 4 | 4 Romania | 0.55 | 2023 | +10.19% | +4.38% | View data |
| 5 | 5 United Kingdom | 0.52 | 2023 | +3.75% | +3.64% | View data |
| 6 | 6 Poland | 0.51 | 2023 | +10.25% | +22.03% | View data |
| 7 | 7 Czech Republic | 0.35 | 2023 | +17.89% | +20.14% | View data |
| 8 | 8 Taiwan | 0.28 | 2023 | +4.91% | +5.76% | View data |
| 9 | 9 New Zealand | 0.24 | 2023 | +25.11% | View data | |
| 10 | 10 Hungary | 0.17 | 2023 | +5.32% | +7.67% | View data |