In 2023, Japan leads with the highest intramural R&D expenditure, followed by Germany and South Korea. Notably, Taiwan and Poland displayed significant year-on-year increases of 11.22% and 10.71%, respectively. Israel and Finland experienced robust growth, exceeding 8% and 6% respectively, whereas Mexico saw a decline by 5.42%. Over the five-year period ending in 2023, Israel, Lithuania, and Estonia have shown strong CAGR, indicating sustained growth in their R&D investments.
Future trends to watch include increased R&D investment in cutting-edge technologies by countries like Taiwan and Poland. Emerging economies like Estonia and Lithuania are likely to gain more share, driven by strategic investments, while established leaders like Japan and Germany might slightly moderate their growth pace but maintain significant global influence.
Top countries in Total Intramural Expenditure on R&D in All Fields Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 18.81 | 2023 | +1.47% | +1.22% | View data |
| 2 | 2 Germany | 16.87 | 2023 | +3.19% | +2.86% | View data |
| 3 | 3 South Korea | 13.75 | 2023 | +5.48% | +5.89% | View data |
| 4 | 4 United Kingdom | 11.14 | 2023 | +5.18% | +4.98% | View data |
| 5 | 5 Taiwan | 7.1 | 2023 | +10.91% | +11.22% | View data |
| 6 | 6 Russia | 5.11 | 2023 | +2.35% | +3.46% | View data |
| 7 | 7 Italy | 4.38 | 2023 | +2.88% | +2.8% | View data |
| 8 | 8 Canada | 3.72 | 2023 | +2.46% | +2.37% | View data |
| 9 | 9 Spain | 3.16 | 2023 | +5.71% | +5.37% | View data |
| 10 | 10 Netherlands | 2.88 | 2023 | +4.31% | +5.56% | View data |