In 2023, the United States led global R&D expenditure in information service activities, significantly outpacing other countries. South Korea, the United Kingdom, and Japan followed, showing varied increases, except Japan with a slight decline. Notably, Hungary and Slovakia experienced exceptional growth, highlighting emerging markets’ potential in this sector.
Future trends indicate growing investments in digital transformation and AI-driven services, particularly in emerging economies. As technology evolves, countries may reallocate R&D spending to maintain competitive advantages, potentially altering current standings.
- United States expenditure increased by 18.25% in 2023.
- Notable growth from Slovakia and Hungary at 48.31% and 28.71% respectively.
- Overall, Europe shows moderate growth, with Portugal leading at 21.46%.
- Global digitalization trends likely to drive future R&D distribution disparities.
Top countries in Business Enterprise R&D Expenditure in Information Service Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 94.38 | 2023 | +8.33% | +18.25% | View data |
| 2 | 2 South Korea | 0.81 | 2023 | +8.74% | +11.2% | View data |
| 3 | 3 United Kingdom | 0.67 | 2023 | +3.02% | +3.48% | View data |
| 4 | 4 Japan | 0.5 | 2023 | +10.49% | -0.66% | View data |
| 5 | 5 Italy | 0.32 | 2023 | +5.41% | +8.9% | View data |
| 6 | 6 Germany | 0.26 | 2023 | +0.7% | +1.99% | View data |
| 7 | 7 Portugal | 0.24 | 2023 | +15.9% | +21.46% | View data |
| 8 | 8 Spain | 0.23 | 2023 | +4.22% | +6.62% | View data |
| 9 | 9 Taiwan | 0.22 | 2023 | +7.58% | +10.21% | View data |
| 10 | 10 Czech Republic | 0.18 | 2023 | +0.31% | +3.54% | View data |
