Global R&D Financed from General University Funds Share by Country (Million US Dollars PPP)

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

Top Countries about Research And Development