In 2024, the United Kingdom leads global government expenditure on R&D in humanities and the arts with a notable value of 46.64 million US dollars (PPP). Germany and Russia follow closely with 26.51 and 8.33 million respectively. Noteworthy year-on-year variations show significant increases in spending by South Korea (+17.06%), Hungary (+13.64%), and Netherlands (+10.16%), while Finland and Chile faced declines of -2.98% and -11.81% respectively. Over the last five years, the average compound annual growth rate (CAGR) varied across countries, demonstrating a mixed trend in commitment towards humanities and arts R&D.
Future trends to watch include continued growth in countries like South Korea and Hungary as well as potential shifts due to economic and political changes. The emphasis on innovation and cultural heritage preservation may drive increased investment in this sector worldwide.
Top countries in Government Expenditure on R&D in Humanities and the Arts Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 46.64 | 2023 | +6.49% | +8.53% | View data |
| 2 | 2 Germany | 26.51 | 2023 | +2.06% | +1.98% | View data |
| 3 | 3 Russia | 8.33 | 2023 | +2.55% | +3.24% | View data |
| 4 | 4 Czech Republic | 2.94 | 2023 | +3.65% | +4.95% | View data |
| 5 | 5 Taiwan | 2.44 | 2023 | +0.67% | +0.54% | View data |
| 6 | 6 Spain | 2.12 | 2023 | +2.19% | +3.29% | View data |
| 7 | 7 Hungary | 1.7 | 2023 | +2.96% | +13.64% | View data |
| 8 | 8 Netherlands | 1.52 | 2023 | +3.94% | +10.16% | View data |
| 9 | 9 Italy | 1.34 | 2023 | +0.86% | +4.62% | View data |
| 10 | 10 South Korea | 1.04 | 2023 | +17.5% | +17.06% | View data |
