The analysis of global private non-profit expenditure on R&D in Humanities and the Arts for 2023 reveals notable variations by country. Israel leads with a significant expenditure of $85.31 million, reflecting a smaller growth of 1.84%. Italy, with $52.72 million, shows considerable growth at 6.82%. Portugal and Romania exhibit the highest growth rates at 9.42% and 139.16%, respectively, highlighting an increased focus on this sector. In contrast, South Korea, Russia, Estonia, and the Czech Republic experienced declines, with Estonia witnessing a substantial decrease of 11.48%. Notably, the average five-year CAGR trend offers insights into longer-term national strategies in arts and humanities R&D investment.
Looking ahead, countries exhibiting positive growth are poised to enhance their role in R&D in humanities and the arts. With Israel and Italy leading, countries like Romania and Portugal may continue their upward trajectory, potentially due to increased funding initiatives or government support. Conversely, those experiencing declines may need strategic interventions to reverse these trends and maintain relevance in global R&D. The emphasis on arts and humanities R&D signifies its growing importance in contributing to cultural and societal development across diverse regions.
Top countries in Private Non-Profit Expenditure on R&D in Humanities and the Arts by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 85.31 | 2023 | +5.19% | +1.84% | View data |
| 2 | 2 Italy | 52.72 | 2023 | +6.32% | +6.82% | View data |
| 3 | 3 South Korea | 14.78 | 2023 | +12.51% | -3.82% | View data |
| 4 | 4 Russia | 6.24 | 2023 | +4.19% | -0.78% | View data |
| 5 | 5 Poland | 6.1 | 2023 | +14.37% | -0.91% | View data |
| 6 | 6 Finland | 4.52 | 2023 | +7.52% | View data | |
| 7 | 7 Portugal | 2.83 | 2023 | +1.03% | +9.42% | View data |
| 8 | 8 Spain | 1.28 | 2023 | +23.98% | View data | |
| 9 | 9 Estonia | 1.24 | 2023 | +4.03% | -11.48% | View data |
| 10 | 10 Slovenia | 0.92 | 2021 | +2.92% | View data |
