The analysis of 2023 shows Italy leading in government expenditures on R&D social protection share, with notable growth from countries like Hungary and Slovenia. Germany, Norway, and Switzerland display steady investment, while Belgium and Ireland show declines. Larger economies like Japan and the Netherlands maintain modest growth rates. Small declines are notable in Greece and Latvia, suggesting reduced focus on R&D social protection in these regions.
Future trends to monitor include the potential impact of global economic challenges on R&D investments. Emerging technologies and increasing digitalization might drive some countries to prioritize R&D funding further to support social protection initiatives and enhance overall welfare systems. Watch for shifts due to geopolitical influences and policy reforms across this landscape. Strategies might focus on sustainable development and digital transformation to maintain or increase future R&D investments.
Top countries in Government Expenditures on R&D Social Protection Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19.53 | 2023 | +2.32% | +5.35% | View data |
| 2 | 2 Germany | 14.22 | 2023 | +3.16% | +3.14% | View data |
| 3 | 3 Norway | 13.85 | 2023 | +2.96% | +3.73% | View data |
| 4 | 4 Japan | 11.38 | 2023 | +0.8% | +0.79% | View data |
| 5 | 5 Netherlands | 8.92 | 2023 | +0.067% | +0.71% | View data |
| 6 | 6 Switzerland | 7.37 | 2023 | +1.69% | +2.16% | View data |
| 7 | 7 Austria | 6.17 | 2023 | +3.52% | +4.05% | View data |
| 8 | 8 Finland | 4.42 | 2023 | +1.55% | +0.31% | View data |
| 9 | 9 Denmark | 3.77 | 2023 | +1.41% | +1.11% | View data |
| 10 | 10 Belgium | 2.07 | 2023 | +0.036% | -2.03% | View data |
