The data for 2023 reveals that South Korea leads in Global Private Non-Profit Expenditure on R&D in Social Sciences with $33.1 million, followed by Israel and Italy. Russia and Portugal show significant growth rates, with 9.05% and 22.31% increases respectively year-on-year. Meanwhile, countries like Chile and Spain experienced notable declines, at -15.52% and -22.0%. Romania, despite its smaller absolute spending, achieved a remarkable 140.82% growth. Over the last five years, there is a visible trend of increasing investment, with some fluctuations, in several countries.
Looking forward to future trends, countries with rapid growth in 2023, like Russia and Portugal, may continue to increase their R&D investment. Factors influencing future trends could include economic conditions, government policies, and technological advancements impacting social sciences. Watch for potential shifts in regional leadership and emerging countries entering the top tiers of investment.
Top countries in Private Non-Profit Expenditure on R&D in Social Sciences Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 33.1 | 2023 | +1.32% | +4.65% | View data |
| 2 | 2 Israel | 20.35 | 2023 | +2.4% | +1.9% | View data |
| 3 | 3 Italy | 17.77 | 2023 | +2.18% | -0.33% | View data |
| 4 | 4 Russia | 6.9 | 2023 | +3.77% | +9.05% | View data |
| 5 | 5 Finland | 6.29 | 2023 | +2.76% | View data | |
| 6 | 6 Poland | 3.97 | 2023 | +1.95% | -0.29% | View data |
| 7 | 7 Czech Republic | 3.73 | 2023 | +3.82% | +3.22% | View data |
| 8 | 8 Portugal | 2.64 | 2023 | +1.18% | +22.31% | View data |
| 9 | 9 Chile | 1.75 | 2023 | -18.61% | -15.52% | View data |
| 10 | 10 Estonia | 1.01 | 2023 | +0.58% | -1.26% | View data |
