In 2023, Israel led global private non-profit R&D expenditure in Humanities and the Arts at 94.88 million USD, followed by Italy at 63.71 million USD. Israel and Italy both saw incremental increases, with Italy experiencing an 8.52% rise. Poland, South Korea, and Russia saw slight declines, while Romania and Taiwan marked substantial increases at 136.01% and 24.49%, respectively. Finland, Portugal, and Spain maintained stable expenditures, whereas Estonia and the Czech Republic experienced significant reductions.
Future trends to monitor include Romania’s rapid spending growth, potentially driving regional increases. Additionally, monitoring Italy’s and Taiwan’s sustained momentum could reveal key strategic directions in R&D investments.
Top countries in Private Non-Profit Expenditure on R&D in Humanities and the Arts by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 94.88 | 2023 | +6.42% | +3.05% | View data |
| 2 | 2 Italy | 63.71 | 2023 | +7.83% | +8.52% | View data |
| 3 | 3 South Korea | 15.52 | 2023 | +12.86% | -3.84% | View data |
| 4 | 4 Russia | 7.29 | 2023 | +4.53% | -0.37% | View data |
| 5 | 5 Poland | 6.5 | 2023 | +13.99% | -0.45% | View data |
| 6 | 6 Finland | 5.38 | 2023 | +9.44% | View data | |
| 7 | 7 Portugal | 3.23 | 2023 | +1.16% | +10.69% | View data |
| 8 | 8 Spain | 1.43 | 2023 | +25.42% | View data | |
| 9 | 9 Estonia | 1.34 | 2023 | +4.28% | -11.89% | View data |
| 10 | 10 Slovenia | 1.07 | 2021 | +2.68% | View data |
