In 2023, Germany and Japan are leaders in higher education R&D expenditure in natural sciences and engineering, with Germany at $18.24 billion and Japan at $15.15 billion. Poland, with a substantial 10.06% year-on-year increase, and South Korea, with an 8.44% growth, are demonstrating significant expansions. Countries like Canada and Mexico saw reductions in spending.
For future trends, watch for increased investment in South Korea, anticipated to continue its rapid growth. Poland's ongoing expansion indicates it as a future pivotal player. Asian countries, particularly Singapore and Taiwan, are expected to increase competitive spending despite past slight reductions.
Top countries in Higher Education Expenditure on R&D in Natural Sciences and Engineering by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18,240 | 2023 | +1.78% | +1.73% | View data |
| 2 | 2 Japan | 15,150 | 2023 | +1.03% | +1.24% | View data |
| 3 | 3 South Korea | 10,320 | 2023 | +7.94% | +8.44% | View data |
| 4 | 4 Canada | 8,480 | 2023 | -0.75% | -0.74% | View data |
| 5 | 5 United Kingdom | 6,490 | 2023 | +0.39% | +0.14% | View data |
| 6 | 6 Poland | 5,480 | 2023 | +6.86% | +10.06% | View data |
| 7 | 7 Italy | 5,470 | 2023 | +0.95% | +1.28% | View data |
| 8 | 8 Netherlands | 4,610 | 2023 | +1.63% | +3.27% | View data |
| 9 | 9 Spain | 4,120 | 2023 | +1.96% | +2.95% | View data |
| 10 | 10 Russia | 3,550 | 2023 | +2.42% | +5.48% | View data |
