In 2024, Denmark leads in global higher education R&D expenditure from general university funds as a percentage of GDP, followed by Austria and Norway. A notable upward trend is seen in Croatia and Slovenia, with significant percentage changes in 2023. Conversely, Russia saw a sharp decline, with several countries like Australia and Sweden experiencing minor reductions. Over five years, these variations highlight shifting financial priorities and funding capacity differences across nations.
Future trends to watch include emerging economies possibly increasing their investment in R&D within higher education, potentially reshaping the global landscape as they prioritize technological advancement and innovation-driven growth.
Top countries in Higher Education Expenditure on R&D Financed from General University Funds by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 0.55 | 2023 | +0.042% | +0.22% | View data |
| 2 | 2 Austria | 0.48 | 2021 | +4.33% | +1.74% | View data |
| 3 | 3 Norway | 0.45 | 2023 | +0.85% | -2.16% | View data |
| 4 | 4 Australia | 0.33 | 2023 | +0.73% | -1.14% | View data |
| 5 | 5 Sweden | 0.33 | 2023 | -0.58% | -1.22% | View data |
| 6 | 6 Israel | 0.32 | 2023 | +0.049% | +0.45% | View data |
| 7 | 7 Finland | 0.31 | 2023 | +0.55% | -0.85% | View data |
| 8 | 8 Croatia | 0.29 | 2023 | +13.37% | +16.98% | View data |
| 9 | 9 Greece | 0.21 | 2023 | +1.78% | +2.99% | View data |
| 10 | 10 Spain | 0.2 | 2023 | +0.94% | +3.12% | View data |
