France leads in global government R&D expenditures in economic affairs among listed countries with 23.19 million USD PPP, experiencing a modest annual increase of 1.76% in 2023. The United Kingdom and Germany follow, benefiting from growth rates of over 3% annually. Japan shows a slight decline in investments, decreasing by 0.28% annually. Eastern European countries like Latvia and Slovakia show significant percentage rises but start from lower bases.
Future trends suggest an acceleration in R&D investment in European Union countries due to policy emphasis on technological advancement and sustainability. Monitoring is necessary to capture emerging economies’ increasing contributions and shifts in global R&D distribution.
Top countries in Government Expenditures on R&D Economic Affairs Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.19 | 2023 | +1.44% | +1.76% | View data |
| 2 | 2 United Kingdom | 15.69 | 2023 | +3.24% | +3.09% | View data |
| 3 | 3 Germany | 11.85 | 2023 | +2.9% | +3.24% | View data |
| 4 | 4 Italy | 11.3 | 2023 | +2.47% | +2.77% | View data |
| 5 | 5 Japan | 10.05 | 2023 | +0.21% | -0.28% | View data |
| 6 | 6 Spain | 5.81 | 2023 | +0.56% | +0.46% | View data |
| 7 | 7 Austria | 4.62 | 2023 | +2.8% | +3.06% | View data |
| 8 | 8 Netherlands | 4.28 | 2023 | +1.37% | +1.5% | View data |
| 9 | 9 Norway | 1.86 | 2023 | +2.7% | +2.76% | View data |
| 10 | 10 Belgium | 1.54 | 2023 | +2.25% | +3.11% | View data |
