The 2023 data exhibits Germany as the leader in government R&D expenditure globally, with a substantial margin over others. Notable growth was evident in Germany, Italy, and the United Kingdom, with 5.32%, 5.38%, and 6.35% increases, respectively. Canada and Norway showed modest growths of 1.63% and 1.97%. Conversely, Mexico and Chile experienced declines of -0.69% and -2.05%.
Future trends to watch include substantial increases predicted in Eastern European countries like Poland and Slovenia, signifying increased emphasis on R&D. Potential declines in certain regions may impact global giving disparities in R&D investment.
Top countries in Government Expenditure on R&D in All Fields by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,970 | 2023 | +4.65% | +5.32% | View data |
| 2 | 2 Japan | 15,250 | 2023 | +1.5% | +2.71% | View data |
| 3 | 3 Russia | 14,710 | 2023 | +2.2% | +0.4% | View data |
| 4 | 4 South Korea | 12,670 | 2023 | +4.02% | +4.63% | View data |
| 5 | 5 Italy | 6,000 | 2023 | +3.7% | +5.38% | View data |
| 6 | 6 United Kingdom | 5,150 | 2023 | +1.78% | +6.35% | View data |
| 7 | 7 Spain | 5,060 | 2023 | +4.2% | +4.9% | View data |
| 8 | 8 Taiwan | 5,040 | 2023 | +2.18% | +3.18% | View data |
| 9 | 9 Canada | 2,440 | 2023 | +0.97% | +1.63% | View data |
| 10 | 10 Mexico | 2,000 | 2023 | +3.09% | -0.69% | View data |
