The R&D expenditure in computer programming and consultancy varies significantly across countries. Malta leads with substantial investment, followed closely by Bulgaria and Estonia. Most notable growth from 2023 to 2024 is observed in Serbia and Macedonia, indicating a burgeoning tech industry. Countries like South Korea and Japan show decreasing trends. Over the past five years, there's been an upward trend in many Eastern European countries while Western nations show more modest increases. The US and major Asian economies display relatively low spending despite their technological prominence.
Watch for future trends that include Eastern Europe's continued rise in tech investments, potential stabilization or growth in Western markets, and emerging opportunities in nations currently lagging in investment. Additionally, geopolitical shifts and economic policies will likely influence R&D spending patterns significantly globally.
Top countries in Business Expenditure on R&D in Computer Programming and Consultancy by Country
| # | 10 Countries | Percent of R&D Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 51.54 | 2023 | +6.93% | +3.75% | View data |
| 2 | 2 Bulgaria | 40.54 | 2023 | +2.61% | +5.72% | View data |
| 3 | 3 Estonia | 31.7 | 2023 | +1.15% | -0.33% | View data |
| 4 | 4 Slovakia | 23.91 | 2023 | +6.08% | +13% | View data |
| 5 | 5 Iceland | 22.68 | 2023 | +2.35% | +0.062% | View data |
| 6 | 6 Norway | 21.34 | 2023 | +3.79% | +4.84% | View data |
| 7 | 7 Ireland | 20.82 | 2023 | +0.68% | +1.67% | View data |
| 8 | 8 Czech Republic | 20.02 | 2023 | +3.04% | +4.72% | View data |
| 9 | 9 Poland | 17.49 | 2023 | +1.92% | +5.25% | View data |
| 10 | 10 Lithuania | 16.18 | 2023 | +4.66% | +8.54% | View data |
