In 2023, the United States dominated global R&D expenditure in information services, with significant growth of 18.25%. South Korea also showed impressive growth of 11.2%, while the UK had moderate growth at 3.48%. Japan experienced a slight decline, whereas countries like Hungary and Slovakia saw remarkable increases of 28.71% and 48.31%, respectively. Portugal led the European nations with a 21.46% rise, representing a regional upward trend. Some countries like Israel and Finland faced declines, indicating varied investment unity across regions.
Future trends to watch include continued dominance by technologically advanced countries, while nations like Slovakia may see emerging roles due to their sharp growth. Sustainability in tech innovations and regional collaborations could influence future R&D investments globally.
Top countries in Business Enterprise R&D Expenditure in Information Service Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 51,130 | 2023 | +8.33% | +18.25% | View data |
| 2 | 2 South Korea | 441.18 | 2023 | +8.74% | +11.2% | View data |
| 3 | 3 United Kingdom | 364.62 | 2023 | +3.02% | +3.48% | View data |
| 4 | 4 Japan | 269.86 | 2023 | +10.49% | -0.66% | View data |
| 5 | 5 Italy | 175.65 | 2023 | +5.41% | +8.9% | View data |
| 6 | 6 Germany | 141.83 | 2023 | +0.7% | +1.99% | View data |
| 7 | 7 Portugal | 130.34 | 2023 | +15.9% | +21.46% | View data |
| 8 | 8 Spain | 126.94 | 2023 | +4.22% | +6.62% | View data |
| 9 | 9 Taiwan | 117.06 | 2023 | +7.58% | +10.21% | View data |
| 10 | 10 Czech Republic | 96.39 | 2023 | +0.31% | +3.54% | View data |
