The analysis of Global R&D Labour Costs for Internal R&D Personnel by country indicates substantial diversity in investment. In 2023, Israel leads with 4.51% of GDP allocated to internal R&D, while Mexico is at the low end with 0.14%. Year-on-year, Czech Republic, Slovakia, and Portugal showed noteworthy increases above 5%, while Argentina and Mexico experienced declines. Over the last 5 years, a steady growth pattern is observable, with key countries maintaining high levels of R&D investment relative to their GDP.
Future trends to watch include increased R&D investment in emerging markets, driven by government technology initiatives. Additionally, the ongoing competition among developed nations to maintain technology leadership is likely to drive R&D spending upward, potentially altering global R&D cost dynamics.
Top countries in R&D Labour Costs for Internal R&D Personnel by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 4.51 | 2023 | +2.08% | +2.96% | View data |
| 2 | 2 South Korea | 2.31 | 2023 | +3.28% | +3.81% | View data |
| 3 | 3 Taiwan | 2.31 | 2023 | +4.06% | +4.7% | View data |
| 4 | 4 Germany | 1.99 | 2023 | +1.18% | +1.3% | View data |
| 5 | 5 Austria | 1.68 | 2023 | +1.29% | +1.51% | View data |
| 6 | 6 Belgium | 1.66 | 2023 | +1.48% | +1.77% | View data |
| 7 | 7 Japan | 1.28 | 2023 | +0.00035% | +0.64% | View data |
| 8 | 8 Slovenia | 1.28 | 2023 | +1.16% | +2.09% | View data |
| 9 | 9 Czech Republic | 1.26 | 2023 | +4.45% | +5.23% | View data |
| 10 | 10 Italy | 1.06 | 2023 | +1.59% | +1.64% | View data |
