The highest R&D labor costs for internal personnel in 2023 were in China, exceeding other countries significantly. Germany and South Korea also represented major investments in R&D labor. Most countries saw a modest year-on-year increase in costs, with China leading this trend with a 13.7% rise. Other notable increases were observed in Slovakia, Poland, and Czech Republic. Argentina was the only country with a decline in R&D labor costs.
Future trends to watch include China’s continued dominance and potential growth in emerging markets. Focus should also be on the increasing share from Eastern European nations, which may impact global R&D dynamics.
Top countries in R&D Labour Costs for Internal R&D Personnel Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43.75 | 2023 | +10.25% | +13.7% | View data |
| 2 | 2 Germany | 16.18 | 2023 | +3% | +3.56% | View data |
| 3 | 3 South Korea | 9.12 | 2023 | +5.63% | +6.15% | View data |
| 4 | 4 France | 8.23 | 2023 | +2.51% | +3.54% | View data |
| 5 | 5 Russia | 4.44 | 2023 | +2.54% | +3.49% | View data |
| 6 | 6 United Kingdom | 4.25 | 2023 | +1.97% | +1.79% | View data |
| 7 | 7 Israel | 2.85 | 2023 | +3.72% | +5.09% | View data |
| 8 | 8 Belgium | 1.8 | 2023 | +3.2% | +4.11% | View data |
| 9 | 9 Poland | 1.54 | 2023 | +4.73% | +7.51% | View data |
| 10 | 10 Austria | 1.51 | 2023 | +3.02% | +3.81% | View data |
