In 2023, Germany led global government expenditure on basic research with $34.41 million PPP, showing a 2.46% increase. Italy, France, and Switzerland followed, with notable 1.39%, 1.85%, and 2.95% year-on-year growth respectively. Belgium and Czech Republic stood out with significant increases of 3.07% and 4.67%. Japan experienced a slight decline of 0.21%, while Poland and the UK saw reductions of 5.49% and 2.79%. Australia recorded the highest growth at 6.22%. The past five years indicated fluctuating trends with diverse year-on-year growth rates among countries, underscoring varying government priorities and economic conditions.
Future trends to watch include:
- The potential rebound of countries with negative growth like Poland and the UK.
- The impact of geopolitical and economic changes on research funding allocations.
- Sustainability of growth in countries with high current growth such as Australia and Belgium.
- Increasing collaboration and funding in technological and scientific research areas, possibly driven by global challenges.
Top countries in Government Expenditure on Basic Research Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.41 | 2023 | +2.24% | +2.46% | View data |
| 2 | 2 Italy | 8.59 | 2023 | +0.77% | +1.39% | View data |
| 3 | 3 France | 7 | 2023 | +0.87% | +1.85% | View data |
| 4 | 4 Switzerland | 6.4 | 2023 | +2.49% | +2.95% | View data |
| 5 | 5 Sweden | 6.39 | 2023 | +2.03% | +2.1% | View data |
| 6 | 6 Spain | 6.18 | 2023 | +0.63% | +1.19% | View data |
| 7 | 7 Belgium | 5.58 | 2023 | +2.32% | +3.07% | View data |
| 8 | 8 Denmark | 3.98 | 2023 | +1.84% | +2.27% | View data |
| 9 | 9 Netherlands | 3.68 | 2023 | +1.41% | +1.4% | View data |
| 10 | 10 Czech Republic | 2.2 | 2023 | +3.03% | +4.67% | View data |
