The Global Civil Budget on R&D shows a range of commitments by country, with Iceland, Ireland, Chile, and Luxembourg at the top, each maintaining an index value of 100 in 2023. Notable year-on-year variations include Japan's increase of 0.13% and Romania's significant growth of 1.09%, while countries like Taiwan and Sweden faced declines. Over a five-year period, fluctuations indicate diverse national R&D investment strategies, with countries like the Netherlands and France showing slight decreases, and the United Kingdom demonstrating a strong increase.
Future trends to watch include strategic shifts in R&D allocations as countries aim to redress global challenges such as climate change and technological innovation. Monitoring these shifts will be crucial in understanding economic and strategic priorities across the globe.
Top countries in Civil Budget on R&D by Country
| # | 10 Countries | Percent of Total GBARD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 100 | 2023 | 0% | 0% | View data |
| 2 | 2 Ireland | 100 | 2023 | 0% | 0% | View data |
| 3 | 3 Chile | 100 | 2021 | 0% | +0.0075% | View data |
| 4 | 4 Luxembourg | 100 | 2023 | -1.7e-7% | -0.000013% | View data |
| 5 | 5 Mexico | 99.79 | 2023 | -0.017% | -0.012% | View data |
| 6 | 6 Denmark | 99.62 | 2023 | +0.0033% | -0.014% | View data |
| 7 | 7 Czech Republic | 99.57 | 2023 | +0.28% | +0.15% | View data |
| 8 | 8 Switzerland | 99.57 | 2023 | +0.11% | -0.016% | View data |
| 9 | 9 Slovenia | 99.16 | 2023 | +0.11% | -0.11% | View data |
| 10 | 10 Japan | 98.47 | 2023 | +0.23% | +0.13% | View data |
