In 2023, Germany led in R&D financing from general university funds, followed by Japan and Italy. Notably, Poland and Estonia showed significant growth, with Poland experiencing a remarkable 77.49% increase. Conversely, Hungary and Latvia saw declines in their R&D allocations. Longer-term trends reveal that countries like the Netherlands and Austria have consistently increased their investments, averaging higher annual growth rates over the past five years.
Future trends to watch include potential shifts in funding priorities influenced by global economic conditions, technological advancements, and policy changes. Emphasis on sustainability and digital innovation may shape future R&D allocations significantly.
Top countries in R&D Financed from General University Funds Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.03 | 2023 | +4.36% | +4.47% | View data |
| 2 | 2 Japan | 13.81 | 2023 | +2.07% | +3.75% | View data |
| 3 | 3 Italy | 9.44 | 2023 | +5.28% | +7.96% | View data |
| 4 | 4 France | 7.58 | 2023 | +2.16% | +6.25% | View data |
| 5 | 5 Netherlands | 6.73 | 2023 | +8.29% | +10.16% | View data |
| 6 | 6 United Kingdom | 5.57 | 2023 | +2.65% | +6.01% | View data |
| 7 | 7 Spain | 4.79 | 2023 | +2.72% | +6.24% | View data |
| 8 | 8 Poland | 4.12 | 2023 | +10.76% | +77.49% | View data |
| 9 | 9 Austria | 3.48 | 2023 | +5.02% | +7.01% | View data |
| 10 | 10 Sweden | 2.83 | 2023 | +3.45% | +3.78% | View data |