In 2023, Germany led global higher education R&D expenditure in natural sciences and engineering, spending $18.32 million, followed closely by Japan at $15.21 million. South Korea showed significant growth with an 8.44% increase, while Poland experienced a remarkable 10.06% rise. In contrast, Canada and Mexico saw declines of 0.74% and 2.06%, respectively. The UK, Italy, and the Netherlands saw moderate increases. Smaller European countries like Lithuania and Slovenia registered notable growth, highlighting a broadening of R&D investment across regions and economies.
Future trends may include increasing R&D focus in Asia, continued strong growth in smaller European countries, and potential shifts due to international collaborations and emerging technologies. Monitoring these trends will be crucial for anticipating changes in global scientific and engineering research landscapes.
Top countries in Higher Education Expenditure on R&D in Natural Sciences and Engineering Share by Country (Million US Dollars PPP = 2015)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 18.32 | 2023 | +1.78% | +1.73% | View data |
2 | 2 Japan | 15.21 | 2023 | +1.03% | +1.24% | View data |
3 | 3 South Korea | 10.36 | 2023 | +7.94% | +8.44% | View data |
4 | 4 Canada | 8.51 | 2023 | -0.75% | -0.74% | View data |
5 | 5 United Kingdom | 6.51 | 2023 | +0.39% | +0.14% | View data |
6 | 6 Poland | 5.5 | 2023 | +6.86% | +10.06% | View data |
7 | 7 Italy | 5.49 | 2023 | +0.95% | +1.28% | View data |
8 | 8 Netherlands | 4.62 | 2023 | +1.63% | +3.27% | View data |
9 | 9 Spain | 4.13 | 2023 | +1.96% | +2.95% | View data |
10 | 10 Russia | 3.57 | 2023 | +2.42% | +5.48% | View data |