In 2023, South Korea led global government budget allocations for R&D in political and social systems, followed by Russia and France. Notable year-on-year changes included the Netherlands' significant increase by 126.28% and Norway's 81.46% growth, suggesting a shift in priorities towards these regions. Italy showed a robust increase at 30.64%, while Australia and France experienced declines, at -24.87% and -4.38%, respectively. Poland, Greece, and Portugal reported modest gains, indicating a stable growth trajectory. In contrast, Romania, Lithuania, and Russia's figures remained relatively unchanged, indicating minimal fluctuation.
Future trends to watch:
- Attention might shift towards countries demonstrating significant growth, such as the Netherlands and Norway, reflecting a possible change in strategic focus.
- CAGR and longer-term shifts will help indicate which countries might lead innovation and system development investments in upcoming years.
- Scrutiny on countries with declining budgets, like Australia, could reveal changing governmental priorities or economic constraints.
Top countries in Government Budget Allocations for R&D in Political and Social Systems, Structures and Processes Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 37.02 | 2023 | +3.13% | +2.22% | View data |
| 2 | 2 Russia | 25.69 | 2023 | +0.8% | +0.69% | View data |
| 3 | 3 France | 21.58 | 2023 | +2.8% | -4.38% | View data |
| 4 | 4 Netherlands | 8.92 | 2023 | +4.56% | +126.28% | View data |
| 5 | 5 Poland | 6.67 | 2023 | +4.28% | +5.74% | View data |
| 6 | 6 Norway | 5.18 | 2023 | +4.5% | +81.46% | View data |
| 7 | 7 Greece | 3.43 | 2023 | +5.31% | +3.53% | View data |
| 8 | 8 Portugal | 2.27 | 2023 | +3.79% | +4.79% | View data |
| 9 | 9 Italy | 2.05 | 2023 | -27.32% | +30.64% | View data |
| 10 | 10 Australia | 1.77 | 2023 | +0.18% | -24.87% | View data |
