The Global Higher Education Expenditure on R&D Financed by Government shows significant variations by country. In 2023, the United States led with $20.93 million, followed by China and Germany at $15.38 million and $10.03 million, respectively. Notably, South Korea exhibited a 9.31% year-on-year growth, whereas Australia and Canada experienced declines of -1.09% and -1.25%. Poland marked a robust growth of 11.13%, contrasting with Kazakhstan’s sharp decline of -12.08%. Other significant increases include Bulgaria (11.4%) and Cyprus (11.43%), while Argentina (-4.88%) and Ukraine (-5.46%) faced downturns.
Looking at future trends, attention should be given to nations with high growth rates, such as Poland, South Korea, and Bulgaria, as well as emerging markets like Egypt, which showed a solid 1.33% increase. Conversely, monitoring the factors contributing to declines in countries like Argentina, Canada, and Kazakhstan will be essential to understanding the broader dynamics of global R&D expenditure.
Top countries in Higher Education Expenditure on R&D Financed by Government Share by Country (Million US Dollars PPP, Constant)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 20.93 | 2023 | +0.21% | +1.33% | View data |
| 2 | 2 China | 15.38 | 2023 | +5.82% | +6.35% | View data |
| 3 | 3 Germany | 10.03 | 2023 | +2.04% | +1.85% | View data |
| 4 | 4 Japan | 5.3 | 2023 | +0.78% | +0.88% | View data |
| 5 | 5 France | 5.08 | 2023 | +0.95% | +0.56% | View data |
| 6 | 6 South Korea | 4.66 | 2023 | +8.39% | +9.31% | View data |
| 7 | 7 United Kingdom | 3.82 | 2023 | +1.07% | +0.75% | View data |
| 8 | 8 Australia | 3.15 | 2023 | -1.05% | -1.09% | View data |
| 9 | 9 Egypt | 3.12 | 2023 | +2.48% | +1.33% | View data |
| 10 | 10 Canada | 2.9 | 2023 | +1.2% | -1.25% | View data |
