The Global GERD Financed from Abroad in million constant USD PPPs by country for 2023 highlights notable variations. The Czech Republic and Canada showed increases of 2.92% and 2.19% respectively, indicating steady growth in foreign-funded research and development. Austria pegged a modest growth at 1.97%, while Japan exhibited significant growth at 3.46%. Slovakia and Iceland registered moderate gains at 2.09% and 4.83%, respectively. In contrast, Mexico marked a decrease of 2.42%, underscoring a downward trend in foreign R&D investments.
Future trends to watch include potential fluctuations due to economic shifts, geopolitical factors, and policy changes affecting foreign investments in R&D. Countries like Japan may continue to experience strong growth, while Mexico might need strategic adjustments to rejuvenate foreign funding in R&D endeavors.
Top countries in GERD Financed from Abroad (in Million Constant USD PPPs) by Country
| # | 7 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 2,770 | 2023 | +3.95% | +2.92% | View data |
| 2 | 2 Canada | 2,750 | 2023 | +1.37% | +2.19% | View data |
| 3 | 3 Austria | 2,530 | 2023 | +1.76% | +1.97% | View data |
| 4 | 4 Japan | 1,260 | 2023 | +2.68% | +3.46% | View data |
| 5 | 5 Slovakia | 185.23 | 2023 | -0.49% | +2.09% | View data |
| 6 | 6 Iceland | 90.17 | 2023 | +2.59% | +4.83% | View data |
| 7 | 7 Mexico | 60.35 | 2023 | -1.66% | -2.42% | View data |
