In 2023, Germany led global higher education expenditure on R&D in agricultural and veterinary sciences among the surveyed countries, with a notable spending figure. South Korea and the Netherlands saw substantial growth, with year-on-year increases of 6.88% and 7.32%, respectively. Poland's expenditure showed a significant upward trend with a 10.49% annual growth rate, indicating robust investments. Conversely, Japan experienced a slight decline of -0.93%, and Singapore's expenditure reduced by -2.71%, reflecting emerging potential shifts in research priorities. Overall, Hungary exhibited the highest growth at 14.4%, showcasing its increasing focus on this sector over recent years.
Future trends to watch include Poland and the Czech Republic's ongoing momentum in R&D spending focused on agricultural and veterinary sciences, possibly fostering innovation in these areas. Continued technological advancements in the sector could prompt further investments, especially in countries showing stable growth such as Italy and Russia. Additionally, the decline in countries like Japan and Singapore might signal a realignment of resources towards other research fields, creating opportunities for other nations to lead innovations.
Top countries in Higher Education Expenditure on R&D in Agricultural and Veterinary Sciences Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.75 | 2023 | +2.59% | +1.79% | View data |
| 2 | 2 Japan | 16.16 | 2023 | +0.57% | -0.93% | View data |
| 3 | 3 South Korea | 11.59 | 2023 | +2.87% | +6.88% | View data |
| 4 | 4 Italy | 10.86 | 2023 | +3.59% | +3.95% | View data |
| 5 | 5 Poland | 9.47 | 2023 | +6.5% | +10.49% | View data |
| 6 | 6 Netherlands | 6.99 | 2023 | +1.97% | +7.32% | View data |
| 7 | 7 Spain | 4.13 | 2023 | +2.02% | +3.61% | View data |
| 8 | 8 United Kingdom | 3.93 | 2023 | +1.31% | +0.77% | View data |
| 9 | 9 Taiwan | 3.16 | 2023 | +0.05% | -0.068% | View data |
| 10 | 10 Russia | 2.93 | 2023 | +4.46% | +7.61% | View data |
