The 2023 data for Global R&D Capital Costs Share highlights Japan's leading position, followed by South Korea and France. Major year-on-year growth is seen in Taiwan and South Korea, over 5%, while Mexico and Argentina show declines of more than 5% and 11% respectively. Among smaller economies, Slovakia and Iceland experienced significant increases, surpassing 13% and 15%. Over the last five years, Japan and South Korea have consistently shown robust investments in R&D, strengthening their global positions.
Future trends to watch include the potential rise of emerging European markets such as Estonia and Slovakia, and the possible recovery in economies like Mexico and Argentina. The dynamics of global R&D investments may shift, driven by geopolitical factors and technological advancements.
Top countries in R&D Capital Costs Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 30.68 | 2023 | +2.07% | +2.75% | View data |
| 2 | 2 South Korea | 16.96 | 2023 | +3.94% | +5.36% | View data |
| 3 | 3 France | 11.79 | 2023 | +1.96% | +1.55% | View data |
| 4 | 4 Taiwan | 7.61 | 2023 | +4.53% | +5.64% | View data |
| 5 | 5 Italy | 5.78 | 2023 | +2.61% | +2.12% | View data |
| 6 | 6 Poland | 5.23 | 2023 | +3.64% | +3.44% | View data |
| 7 | 7 Russia | 4.83 | 2023 | +2.44% | +3.58% | View data |
| 8 | 8 Netherlands | 2.43 | 2023 | +1.69% | +2.23% | View data |
| 9 | 9 Austria | 1.91 | 2023 | +2.68% | +3.48% | View data |
| 10 | 10 Sweden | 1.9 | 2023 | +3.39% | +4.91% | View data |
