In 2023, Germany led global higher education R&D expenditure in natural sciences and engineering with substantial growth, followed by Japan and South Korea which also saw notable increases, especially South Korea with a 9.57% rise. Emerging growth was observed in Poland at 12.48%, indicating a significant boost in R&D investment. Notably, Mexico experienced a slight decline, while countries like Hungary and Lithuania saw impressive growth rates of 8.69% and 8.6%, respectively.
Looking ahead, global trends suggest increased emphasis on innovation and technological advancements as countries strive to enhance their R&D capabilities. Watch for potential increased investments in Asia and further development in Eastern Europe, where R&D sectors are gradually strengthening.
Top countries in Higher Education Expenditure on R&D in Natural Sciences and Engineering by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,430 | 2023 | +3.47% | +3.84% | View data |
| 2 | 2 Japan | 15,750 | 2023 | +1.14% | +2.08% | View data |
| 3 | 3 South Korea | 11,420 | 2023 | +8.9% | +9.57% | View data |
| 4 | 4 Canada | 9,920 | 2023 | +1.03% | +0.92% | View data |
| 5 | 5 United Kingdom | 7,330 | 2023 | +1.35% | +1.07% | View data |
| 6 | 6 Italy | 6,790 | 2023 | +2.43% | +3.58% | View data |
| 7 | 7 Poland | 6,360 | 2023 | +8.19% | +12.48% | View data |
| 8 | 8 Netherlands | 5,760 | 2023 | +4.32% | +6.22% | View data |
| 9 | 9 Spain | 4,870 | 2023 | +3.44% | +4.78% | View data |
| 10 | 10 Russia | 4,270 | 2023 | +3.32% | +6.53% | View data |
