The Global Intramural R&D Expenditure in the Private Non-Profit Sector reveals a varied landscape in 2023. The United States leads with a substantial figure of 26.8 billion Euros, followed by South Korea and Japan. Notably, Slovenia and Serbia showcased significant YoY spikes of 26.83% and 28.31%, respectively. Meanwhile, Slovakia experienced a notable decline of -32.78%. Over the last five years, emerging trends include consistent growth in regions like Portugal and Cyprus, implying a keen interest in boosting R&D expenditures in these areas.
Future trends to watch for:
- Continued expansion in developing countries aiming to bolster their R&D sectors.
- Potential shifts in funding allocations focusing on sustainable and technological innovations.
- Monitoring geopolitical influences that might affect research investments and priorities.
Top countries in Intramural R&D Expenditure in the Private Non-Profit Sector by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 26,800 | 2023 | +3.28% | +3.45% | View data |
| 2 | 2 South Korea | 1,750 | 2023 | +8.09% | +13.51% | View data |
| 3 | 3 Japan | 1,640 | 2023 | -0.23% | -0.25% | View data |
| 4 | 4 France | 1,290 | 2023 | +5.76% | +9.52% | View data |
| 5 | 5 United Kingdom | 1,110 | 2023 | +2.51% | +3.61% | View data |
| 6 | 6 Switzerland | 620.94 | 2023 | +2.15% | +3.59% | View data |
| 7 | 7 Italy | 484.43 | 2023 | +0.3% | +4.2% | View data |
| 8 | 8 Belgium | 113.54 | 2023 | +2.11% | +3.55% | View data |
| 9 | 9 Portugal | 99.34 | 2023 | +0.75% | +17.3% | View data |
| 10 | 10 Russia | 74.93 | 2023 | +4.48% | +12.5% | View data |
