Germany leads global higher education R&D expenditure in engineering and technology at $20.86 billion, followed by South Korea at $15.98 billion in purchasing power parity. Japan and Russia show notable investments with $13.6 billion and $6.41 billion, respectively. Strong growth is evident in Poland with a 9.71% year-on-year increase, and South Korea at 9.47%. Modest growth is seen in Germany, Italy, and Taiwan. The Czech Republic and Israel experienced slight declines. Collectively, the significant investment in R&D suggests robust commitment to innovation and technological advancement.
Future trends to watch include increasing investments in emerging technologies, a focus on sustainability in R&D, and the expanding role of collaborative international research efforts. Countries like Poland and Slovakia may continue to see significant growth, while established leaders like Germany and South Korea may focus on maintaining their innovative edges through strategic investments in cutting-edge technology sectors.
Top countries in Higher Education Expenditure on R&D in Engineering and Technology Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.86 | 2023 | +3.97% | +4.22% | View data |
| 2 | 2 South Korea | 15.98 | 2023 | +6.79% | +9.47% | View data |
| 3 | 3 Japan | 13.6 | 2023 | +1.35% | +2.31% | View data |
| 4 | 4 Russia | 6.41 | 2023 | +3.2% | +6.48% | View data |
| 5 | 5 Italy | 6.11 | 2023 | +1.56% | +3.55% | View data |
| 6 | 6 United Kingdom | 5.54 | 2023 | +1.39% | +1.1% | View data |
| 7 | 7 Poland | 5.17 | 2023 | +5.5% | +9.71% | View data |
| 8 | 8 Spain | 5.06 | 2023 | +4.02% | +4.56% | View data |
| 9 | 9 Taiwan | 4.98 | 2023 | +2.58% | +1.6% | View data |
| 10 | 10 Netherlands | 3.9 | 2023 | +2.95% | +5.54% | View data |
