The United States holds the dominant share of global R&D defense outlays, far surpassing others with a 55.31 million US dollars PPP commitment in 2023. Germany follows at 18.44, with sustained growth. Russia and South Korea face declines, while Denmark saw a sharp increase at 207.96% year-on-year growth. Most European countries show moderate variance, with Slovakia and Belgium indicating growth, while Finland's allocation dropped significantly by 24.13%. Overall, emerging trends reflect stability in major economies with decrease signs in others.
Moving forward, the increasing global security concerns may encourage heightened investments in R&D defense. However, the fiscal capacity of countries and geopolitical shifts will be pivotal in shaping future allocation paths.
Top countries in Government Budget Appropriations or Outlays for R&D in Defence Share by Country (Million US Dollars PPP, Constant)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 55.31 | 2023 | +2.37% | +15.55% | View data |
| 2 | 2 Germany | 18.44 | 2023 | +3.91% | +2.42% | View data |
| 3 | 3 Russia | 6.01 | 2023 | -0.94% | -0.72% | View data |
| 4 | 4 Netherlands | 3.19 | 2023 | +3.86% | +2.99% | View data |
| 5 | 5 Spain | 3.14 | 2023 | +0.85% | -3.98% | View data |
| 6 | 6 Sweden | 1.86 | 2023 | +5.03% | +2.16% | View data |
| 7 | 7 Belgium | 1.83 | 2023 | +4.17% | +4.7% | View data |
| 8 | 8 South Korea | 1.23 | 2023 | -10.81% | -3.36% | View data |
| 9 | 9 Denmark | 0.97 | 2023 | +5.03% | +207.96% | View data |
| 10 | 10 Greece | 0.7 | 2023 | +4.32% | -1.83% | View data |
