The global distribution of private non-profit R&D expenditure in natural sciences shows Japan as the leading contributor, with declining investment. Russia and Slovenia demonstrate significant growth, indicating increased prioritization of R&D. Portugal and South Korea also see positive year-on-year growth, emphasizing their focus on research and development.
Negative trends are observed in Chile and Romania, suggesting potential challenges or shifts in strategic priorities. Spain's marked year-on-year increase signals renewed emphasis on R&D.
Future trends to monitor include potential shifts in global economic conditions affecting R&D budgets, geopolitical factors influencing investment in Europe, and technological advancements driving strategic R&D across Asia and North America.
Top countries in Private Non-Profit Expenditure on R&D in Natural Sciences Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 47.19 | 2023 | +1.04% | -0.03% | View data |
| 2 | 2 Russia | 13.65 | 2023 | +6.38% | +28.55% | View data |
| 3 | 3 Portugal | 10.1 | 2023 | +1.93% | +9.91% | View data |
| 4 | 4 South Korea | 9.13 | 2023 | +2.58% | +7.48% | View data |
| 5 | 5 Italy | 6.01 | 2023 | +0.39% | +4.75% | View data |
| 6 | 6 Canada | 5.32 | 2023 | +8.41% | +5.93% | View data |
| 7 | 7 Spain | 1.96 | 2023 | +2.31% | +38.41% | View data |
| 8 | 8 Chile | 1.19 | 2023 | -43.02% | -25.32% | View data |
| 9 | 9 Israel | 1.06 | 2023 | -0.63% | +4.96% | View data |
| 10 | 10 Slovenia | 1 | 2023 | +20.23% | +56.31% | View data |
