In 2023, Japan led in global private non-profit R&D expenditure in natural sciences. However, it experienced a slight decline. Russia showed a notable increase, driving significant gains. Portugal and South Korea also saw moderate growth. Canada, Italy, and Spain showed improvements, with Spain experiencing a substantial increase. Finland witnessed significant gains, while Slovenia saw the most considerable rise. In contrast, Chile experienced a significant decline. Minor growth was observed in Taiwan and the Czech Republic, despite Romania facing a decrease. Slovakia had the highest growth variation. Over five years, trends remained diverse, impacting the overall CAGR.
Future trends may focus on technological advancements and collaborations in R&D to address global challenges. The growth trajectory, especially in technologically advancing countries, suggests increased private non-profit involvement. Watch for strategic investments in emerging markets and policy shifts that could influence these expenditures.
Top countries in Private Non-Profit Expenditure on R&D in Natural Sciences by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 370.5 | 2023 | +0.32% | -0.99% | View data |
| 2 | 2 Russia | 95.36 | 2023 | +6.17% | +27.9% | View data |
| 3 | 3 Portugal | 71.44 | 2023 | +1.02% | +8.24% | View data |
| 4 | 4 South Korea | 68.08 | 2023 | +1.95% | +6.51% | View data |
| 5 | 5 Canada | 40.68 | 2023 | +8.8% | +5.79% | View data |
| 6 | 6 Italy | 39.84 | 2023 | -0.4% | +2.64% | View data |
| 7 | 7 Spain | 13.25 | 2023 | +0.068% | +35.28% | View data |
| 8 | 8 Israel | 7.97 | 2023 | -1.29% | +4.23% | View data |
| 9 | 9 Poland | 6.37 | 2023 | +6.44% | +6.02% | View data |
| 10 | 10 Finland | 5.97 | 2023 | +17.01% | +19.39% | View data |
