In 2023, Japan led global civil government budget allocations for R&D in non-oriented research programmes with $24.26 billion, showcasing a growth of 20.71%. Germany and South Korea followed with $8.35 billion and $6.66 billion, respectively. Notable year-on-year increases came from Switzerland (10.95%) and Latvia (10.61%), while Romania faced a decline of 3.53%.
The five-year compound annual growth rate indicates consistent investment, with substantial growth observed in Japan and emerging contributions from countries like Israel. In contrast, Italy showed a notable boost in 2023 with an 11.4% increase.
Future trends to watch include increased collaboration on global challenges, potential shifts due to geopolitical influences, and a focus on sustainability in R&D budgets. Monitoring China and India's evolving roles could reveal new dynamics in global R&D allocations.
Top countries in Civil Government Budget Allocations for R&D for Non-Oriented Research Programmes by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 24,260 | 2023 | +11.02% | +20.71% | View data |
| 2 | 2 Germany | 8,350 | 2023 | +2.71% | +4.42% | View data |
| 3 | 3 South Korea | 6,660 | 2023 | +2.98% | +7.81% | View data |
| 4 | 4 United Kingdom | 2,850 | 2023 | +1.8% | +6.01% | View data |
| 5 | 5 Spain | 2,560 | 2023 | +8.87% | +8.03% | View data |
| 6 | 6 Switzerland | 1,710 | 2023 | +5.53% | +10.95% | View data |
| 7 | 7 Belgium | 1,380 | 2023 | +12.15% | +7.92% | View data |
| 8 | 8 Sweden | 1,190 | 2023 | +0.2% | +3.65% | View data |
| 9 | 9 Mexico | 1,100 | 2023 | +2.49% | +1.22% | View data |
| 10 | 10 Czech Republic | 1,040 | 2023 | +2.63% | +1.07% | View data |
