Global government expenditures on R&D education in 2024 show significant variations. Japan leads with $8.9 billion, though it showed a 4.5% decline YoY in 2023. The United Kingdom and Czech Republic reported notable increases of 7.84% and 6.72%, respectively. Germany also presented a growth of 3.86%, while Portugal and Slovakia saw modest increments. Conversely, Estonia and Iceland experienced declines of 7.61% and 8.54%. Israel and Belgium showcased strong growth rates of 8.39% and 13.87% in their expenditures. Sweden follows a positive trend with a 7.55% increase, highlighting robust investments in education R&D.
Future trends to watch include potential increases in emerging markets, driven by national strategies to enhance technological and educational competitiveness. Advanced economies may focus on sustainable and innovative education technologies, potentially reshaping government resource allocations in the sector. The dynamics of global collaborations and economic circumstances may also influence these trends, positioning R&D investments as crucial components of educational advancements in multiple countries.
Top countries in Government Expenditures on R&D Education by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 8,900 | 2023 | +0.042% | -0.045% | View data |
| 2 | 2 United Kingdom | 4,180 | 2023 | +6.06% | +7.84% | View data |
| 3 | 3 Czech Republic | 1,560 | 2023 | +2.82% | +6.72% | View data |
| 4 | 4 Poland | 1,130 | 2023 | +3.93% | +3.4% | View data |
| 5 | 5 Spain | 1,130 | 2023 | +1.52% | +1.87% | View data |
| 6 | 6 Greece | 979.04 | 2023 | +0.54% | +0.6% | View data |
| 7 | 7 Germany | 574.17 | 2023 | +3.3% | +3.86% | View data |
| 8 | 8 Switzerland | 437.46 | 2023 | +2.47% | +2.77% | View data |
| 9 | 9 Italy | 341.89 | 2023 | +1.04% | +2.35% | View data |
| 10 | 10 Lithuania | 230.58 | 2023 | +0.48% | +1.5% | View data |
