The business enterprise sector dominates gross domestic expenditure on R&D globally, with Israel leading at 91.23%. Other significant contributors include Hungary, China, and Japan, with values over 80%. The United States, though a major R&D performer, allocates 73.63% of its expenditure to this sector. European countries such as Sweden, the United Kingdom, and Germany show strong enterprise investment, while Canada lags slightly behind with 50.41%. Notable dips are seen in Latvia and Egypt with values considerably lower than the global leaders, at 22.66% and 2.65%, respectively.
Future trends to watch include increased R&D investment in emerging tech sectors, particularly in countries like China and Israel. Continued emphasis on innovation in digital technologies is expected to drive more enterprise-driven R&D globally. Monitoring shifts in policy and economic factors influencing R&D across regions will provide further insights into future allocations and impacts on global technological advancements.
Top countries in Share of Gross Domestic Expenditure on R&D Performed by the Business Enterprise Sector by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Israel | 91.23 | 2023 | View data |
| 2 | 2 Hungary | 82.62 | 2023 | View data |
| 3 | 3 China | 80.82 | 2023 | View data |
| 4 | 4 Japan | 80.63 | 2023 | View data |
| 5 | 5 Poland | 77.89 | 2023 | View data |
| 6 | 6 Ireland | 76.77 | 2023 | View data |
| 7 | 7 United States | 73.63 | 2023 | View data |
| 8 | 8 Sweden | 70.99 | 2023 | View data |
| 9 | 9 United Kingdom | 70.86 | 2023 | View data |
| 10 | 10 Iceland | 69.41 | 2023 | View data |
