The data reveals that Japan, Germany, and South Korea lead in global intramural R&D expenditure, accounting for a significant portion of global spend. Notably, South Korea and Taiwan show robust year-on-year growth at 4.76% and 8.68% respectively, indicating a rising focus on innovation-driven economies. Other countries such as Israel, Poland, and Estonia also demonstrate significant growth, reinforcing their commitment to R&D investments. Western countries like the UK and Germany maintain steady progress, while Mexico shows a concerning decline in expenditure.
Future trends to watch include Asia’s increasing share of global R&D investment, with strong growth from countries like South Korea and Taiwan. Additionally, emerging commitments from countries like Poland, Israel, and Estonia suggest a diversifying global R&D landscape. Monitoring how geopolitical events and economic shifts influence these investments will be critical in 2024 and beyond.
Top countries in Total Intramural Expenditure on R&D in All Fields Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 20.8 | 2023 | +0.93% | +0.31% | View data |
| 2 | 2 Germany | 15.83 | 2023 | +1.55% | +0.8% | View data |
| 3 | 3 South Korea | 14.29 | 2023 | +4.43% | +4.76% | View data |
| 4 | 4 United Kingdom | 10.57 | 2023 | +3.19% | +2.22% | View data |
| 5 | 5 Taiwan | 7.21 | 2023 | +8.6% | +8.68% | View data |
| 6 | 6 Russia | 4.78 | 2023 | +0.89% | +1.95% | View data |
| 7 | 7 Italy | 4.03 | 2023 | +1.18% | +0.45% | View data |
| 8 | 8 Canada | 3.67 | 2023 | +0.75% | +0.69% | View data |
| 9 | 9 Spain | 3.1 | 2023 | +4.54% | +3.63% | View data |
| 10 | 10 Israel | 2.88 | 2023 | +6.34% | +8.31% | View data |
