In 2023, Japan and the United Kingdom led global R&D expenditure in construction with identical values of 1.74 billion USD PPP. Countries like Italy and Finland displayed moderate investment levels, while Germany, Spain, and Poland showed lower but varying levels, with Poland experiencing significant growth. Remarkable changes included Portugal’s 25.91% and Romania's 58.95% increase from 2022, contrasting with declines in Latvia and Estonia. The last five years saw variable growth, highlighted by the dynamic R&D landscape across countries.
Future trends to watch include the possible expansion of R&D investment in emerging economies, focusing on sustainable construction technologies and automation. Watch for increases in digitalization and innovations addressing climate resilience in construction.
Top countries in Business Enterprise R&D Expenditure in Construction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 1,740 | 2023 | +2.28% | +3.67% | View data |
| 2 | 2 United Kingdom | 1,740 | 2021 | +38.42% | View data | |
| 3 | 3 Italy | 208.26 | 2023 | +10.28% | +0.24% | View data |
| 4 | 4 Finland | 166.34 | 2023 | +5.21% | +5.65% | View data |
| 5 | 5 Germany | 133.19 | 2023 | +2.36% | +5.78% | View data |
| 6 | 6 Spain | 130.46 | 2023 | +0.42% | -1.04% | View data |
| 7 | 7 Poland | 94.87 | 2023 | +6.12% | +8.19% | View data |
| 8 | 8 Hungary | 75.11 | 2023 | +15.15% | +12% | View data |
| 9 | 9 Portugal | 64.07 | 2023 | +14.09% | +25.91% | View data |
| 10 | 10 Czech Republic | 55.99 | 2023 | +2.83% | +2.52% | View data |
