The United States leads global higher education R&D expenditure financed by the government, followed by China and Germany. Notably, smaller economies like Poland and Bulgaria are showing double-digit growth. Trends indicate emerging Eastern European countries like Slovenia, Cyprus, and Bulgaria are rapidly increasing their governmental spending on R&D in higher education.
Future developments in global higher education R&D will likely see increased investment from Asian economies and technology-driven nations. Watch for China's continued expansion as it aims to rival the United States, alongside potential hikes in European Union funding efforts to bolster innovation in member countries facing slower economic growth.
Top countries in Higher Education Expenditure on R&D Financed by Government Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 22.53 | 2023 | +4.2% | +4.51% | View data |
| 2 | 2 China | 14.9 | 2023 | +7.51% | +8.52% | View data |
| 3 | 3 Germany | 10.8 | 2023 | +3.74% | +3.98% | View data |
| 4 | 4 France | 5.52 | 2023 | +2.14% | +3.18% | View data |
| 5 | 5 Japan | 4.87 | 2023 | +1.45% | +1.94% | View data |
| 6 | 6 United Kingdom | 4.07 | 2023 | +2.9% | +3.52% | View data |
| 7 | 7 Australia | 3.45 | 2023 | +1.51% | +1.6% | View data |
| 8 | 8 Italy | 3.44 | 2023 | +1.51% | +3.42% | View data |
| 9 | 9 Canada | 3.06 | 2023 | +1.45% | +1.02% | View data |
| 10 | 10 Poland | 2.95 | 2023 | +8.34% | +13.58% | View data |
