In 2023, Egypt led with 96.27% of its R&D financed by the government, significantly higher than other countries. Russia followed with 67.7%, while Ukraine reached 45.72%. European countries like Slovakia, Greece, Iceland, and the Czech Republic showed moderate dependency on government funding, from 34.34% to 32.05%. North America's figures, led by Canada at 32.73% and the United States at 19.98%, reflected diverse funding sources. South Korea and Japan presented lower government contributions at 19.57% and 13.65%, respectively, indicating solid private sector involvement. Only new trends are observed; no year-on-year variation data was specified.
Future trends to watch include an increasing diversification of R&D funding sources globally as governments may decrease their share to encourage private sector involvement. Technological advancements and policy changes can further impact the reliance on government financing, especially in developed economies.
Top countries in Share of Gross Domestic Expenditure on R&D Financed by Government by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Egypt | 96.27 | 2023 | View data |
| 2 | 2 Russia | 67.7 | 2023 | View data |
| 3 | 3 Ukraine | 45.72 | 2023 | View data |
| 4 | 4 Slovakia | 34.34 | 2023 | View data |
| 5 | 5 Greece | 33.44 | 2023 | View data |
| 6 | 6 Iceland | 33.43 | 2023 | View data |
| 7 | 7 Canada | 32.73 | 2023 | View data |
| 8 | 8 Czech Republic | 32.05 | 2023 | View data |
| 9 | 9 Austria | 27.34 | 2023 | View data |
| 10 | 10 United States | 19.98 | 2023 | View data |
