In 2023, South Korea led global business enterprise expenditure on R&D in Humanities and the Arts, with Taiwan and Poland showing significant growth rates, the latter at 12.25%. Portugal and Hungary also displayed increases, whereas Russia and Slovakia experienced large declines. Over five years, the compound annual growth rate exhibited varied growth patterns, with Asian countries often outperforming European counterparts. Overall, the sector demonstrates polarized development across different regions.
Future trends include potential increases in digital humanities and interdisciplinary research investments. Watch for growth in countries with emerging tech sectors and shifts in cultural funding priorities amid global economic changes.
Top countries in Business Enterprise Expenditure on R&D in Humanities and the Arts by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1,250 | 2023 | +5.53% | +5.9% | View data |
| 2 | 2 Taiwan | 53.76 | 2023 | +19.43% | +11.38% | View data |
| 3 | 3 Poland | 14 | 2023 | +3.06% | +12.25% | View data |
| 4 | 4 Portugal | 11.09 | 2023 | +0.37% | +6.31% | View data |
| 5 | 5 Hungary | 2.78 | 2023 | +4.27% | +11.27% | View data |
| 6 | 6 Russia | 1.37 | 2023 | -20.67% | -25.21% | View data |
| 7 | 7 Slovakia | 0.87 | 2023 | +34.26% | -21.55% | View data |
| 8 | 8 Slovenia | 0.83 | 2021 | +2.72% | -18.48% | View data |
| 9 | 9 Czech Republic | 0.64 | 2021 | +4.94% | -4.72% | View data |
| 10 | 10 Romania | 0.15 | 2023 | -5.56% | -8.91% | View data |
