The analysis of Global Government Environmental R&D Budgets shows that Slovenia leads with the highest allocation at 5.97% of total R&D expenditure, with Romania and Ireland following. Notably, Ireland experienced a significant positive change in 2023 with a 29.23% increase, highlighting a strong focus on environmental research. Countries like Germany, Luxembourg, and Japan saw modest increases. Conversely, Romania, Mexico, and Chile showed declining trends in environmental R&D budgets, with Chile experiencing the largest decrease at -15.02%. The United States remains low, at 0.31%, continuing a declining trend.
Future trends to watch include the potential for increased R&D spending in countries like Germany and Japan, given their recent positive changes, and the potential impact of economic and policy shifts on R&D allocations in nations currently experiencing declines. Furthermore, growth in environmental consciousness globally may spur higher R&D investments, particularly in technologically advanced economies.
Top countries in Government Environmental R&D Budget by Country
| # | 10 Countries | Percent of Government R&D Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 5.97 | 2023 | +2.93% | +1.36% | View data |
| 2 | 2 Romania | 5.23 | 2023 | +1.16% | -6.63% | View data |
| 3 | 3 Ireland | 4.47 | 2023 | +2.05% | +29.23% | View data |
| 4 | 4 Portugal | 4.29 | 2023 | 0% | +1.01% | View data |
| 5 | 5 Japan | 4.27 | 2023 | +10.62% | +2.85% | View data |
| 6 | 6 Australia | 4.04 | 2023 | 0% | +2.28% | View data |
| 7 | 7 Spain | 3.83 | 2023 | +4.08% | -0.1% | View data |
| 8 | 8 Germany | 3.13 | 2023 | 0% | +3.08% | View data |
| 9 | 9 Slovakia | 2.95 | 2023 | +1.03% | +0.83% | View data |
| 10 | 10 Finland | 2.83 | 2023 | +0.71% | +2.03% | View data |
