In 2023, global government expenditure on basic research exhibited notable disparities. Germany led with $49.91 billion, followed by Italy, France, and Switzerland with expenditures above $9 billion. Other major contributors like Sweden, Spain, and Belgium reported figures around the $9 billion mark. While Japan experienced a slight decline, countries like Australia, Belgium, and Lithuania displayed robust growth rates, with Australia seeing a 6.22% year-on-year increase. Poland, however, recorded a significant decrease in expenditure. The compound annual growth rate over the past five years suggests consistent but varied investment trends among these countries.
Future trends to watch include the potential for shifts in global research priorities affecting funding distributions. Emerging technologies and sustainable practices may trigger increases in basic research allocations, with governments potentially adjusting budgets to accommodate innovation-driven changes. Enhanced collaboration and international partnerships might also play pivotal roles in shaping expenditure trajectories.
Top countries in Government Expenditure on Basic Research by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49,910 | 2023 | +2.24% | +2.46% | View data |
| 2 | 2 Italy | 12,460 | 2023 | +0.77% | +1.39% | View data |
| 3 | 3 France | 10,150 | 2023 | +0.87% | +1.85% | View data |
| 4 | 4 Switzerland | 9,280 | 2023 | +2.49% | +2.95% | View data |
| 5 | 5 Sweden | 9,270 | 2023 | +2.03% | +2.1% | View data |
| 6 | 6 Spain | 8,960 | 2023 | +0.63% | +1.19% | View data |
| 7 | 7 Belgium | 8,090 | 2023 | +2.32% | +3.07% | View data |
| 8 | 8 Denmark | 5,770 | 2023 | +1.84% | +2.27% | View data |
| 9 | 9 Netherlands | 5,340 | 2023 | +1.41% | +1.4% | View data |
| 10 | 10 Czech Republic | 3,200 | 2023 | +3.03% | +4.67% | View data |
