The analysis of Global Business Enterprise R&D Expenditure on Social Sciences and Humanities for 2023 shows the United Kingdom leading with the highest expenditure at 33.39 million US dollars (PPP 2015), followed by Poland. South Korea showed a significant year-on-year increase of 72.9%, indicating a strong focus on this sector. Contrarily, Slovenia and Slovakia experienced declines of 8.9% and 8.75%, respectively. Over five years, investments have varied, with Eastern European countries like Lithuania and Estonia seeing notable growth.
Future trends to watch:
- Potential increase in expenditures by South Korea, reflecting continued investment growth.
- Fluctuations in European countries with variable growth, influenced by policy and strategic educational initiatives.
- Emerging markets may prioritize these areas to boost socio-economic research.
Top countries in Business Enterprise R&D Expenditure in Research and Experimental Development on Social Sciences and Humanities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 33.39 | 2023 | +3.83% | +2.7% | View data |
| 2 | 2 Poland | 20.78 | 2023 | +5.01% | +5.43% | View data |
| 3 | 3 South Korea | 13.75 | 2023 | +24.07% | +72.9% | View data |
| 4 | 4 Taiwan | 12.01 | 2023 | +3.59% | +0.89% | View data |
| 5 | 5 Spain | 6.52 | 2023 | +2.3% | +5.44% | View data |
| 6 | 6 Germany | 5.93 | 2023 | +4.59% | +7.71% | View data |
| 7 | 7 Lithuania | 2.45 | 2023 | +28.53% | +10.92% | View data |
| 8 | 8 Italy | 2.13 | 2021 | +53.04% | +7.66% | View data |
| 9 | 9 Hungary | 1.96 | 2023 | -1.1% | -4.2% | View data |
| 10 | 10 Slovenia | 0.51 | 2023 | -12.95% | -8.9% | View data |
