The United States leads in global higher education R&D expenditure financed by government, followed by China and Germany. Over the past year, China showed a significant increase of 6.35%, while Poland experienced an impressive rise of 11.13%. In contrast, Australia and Canada saw marginal declines. Additionally, Kazakhstan faced a notable decrease. Over the last five years, South Korea, Poland, and Bulgaria reported strong compound annual growth rates, indicating robust investment trends in these countries.
Future trends suggest a focus on digitalization, sustainability, and international collaborations in R&D. Emerging economies are likely to increase their expenditure to foster innovation and competitiveness on the global stage.
Top countries in Higher Education Expenditure on R&D Financed by Government by Country
# | 10 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 42,520 | 2023 | +0.21% | +1.33% | View data |
2 | 2 China | 31,230 | 2023 | +5.82% | +6.35% | View data |
3 | 3 Germany | 20,360 | 2023 | +2.04% | +1.85% | View data |
4 | 4 Japan | 10,770 | 2023 | +0.78% | +0.88% | View data |
5 | 5 France | 10,320 | 2023 | +0.95% | +0.56% | View data |
6 | 6 South Korea | 9,470 | 2023 | +8.39% | +9.31% | View data |
7 | 7 United Kingdom | 7,760 | 2023 | +1.07% | +0.75% | View data |
8 | 8 Australia | 6,390 | 2023 | -1.05% | -1.09% | View data |
9 | 9 Egypt | 6,340 | 2023 | +2.48% | +1.33% | View data |
10 | 10 Canada | 5,900 | 2023 | +1.2% | -1.25% | View data |