In 2023, South Korea led global expenditures in R&D for social sciences with a value of $2.73 billion PPP, showcasing a year-on-year growth of 5.86%. Poland and Russia followed with expenditures of $1.55 billion and $1.38 billion, experiencing significant increases of 12.68% and 1.73%, respectively. Taiwan saw a moderate increase of 3.49%, with a total expenditure of $1.04 billion. Portugal, with an expenditure of $0.61887 billion, grew by 2.34%. Other countries displayed modest growth, with Slovakia and Romania having notable increases of 9.03% and 15.4%, respectively.
Future trends to watch include continued growth in R&D investments in these countries, driven by increased governmental focus and international collaborations in social sciences. Emphasis on innovation and data-driven policies is expected to further bolster this sector, with emerging economies potentially increasing their expenditure in response to global demands. Monitoring geopolitical shifts will be crucial, as they may influence funding allocations and priority areas in research.
Top countries in Total Intramural Expenditure on R&D in Social Sciences by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 2,730 | 2023 | +3.82% | +5.86% | View data |
| 2 | 2 Poland | 1,550 | 2023 | +8.64% | +12.68% | View data |
| 3 | 3 Russia | 1,380 | 2023 | +2.69% | +1.73% | View data |
| 4 | 4 Taiwan | 1,040 | 2023 | +2.73% | +3.49% | View data |
| 5 | 5 Portugal | 618.87 | 2023 | +1.61% | +2.34% | View data |
| 6 | 6 Czech Republic | 316.07 | 2023 | +2.81% | +1.79% | View data |
| 7 | 7 Chile | 212.99 | 2023 | +2.36% | +1.57% | View data |
| 8 | 8 Hungary | 178.71 | 2023 | +1.72% | +1.97% | View data |
| 9 | 9 Slovakia | 143.29 | 2023 | +3.24% | +9.03% | View data |
| 10 | 10 Romania | 67.85 | 2023 | +1.48% | +15.4% | View data |
