The United States leads global R&D in education with $173.75 billion, growing 3.76% year-on-year. Germany and Japan follow, with Japan showing a remarkable 250.72% increase. While Russia and Austria have seen modest gains, Italy experienced a decline. Notably, South Korea has surged by 32.43% and Australia by 5.33%. Smaller countries like Hungary and Portugal exhibited significant growth, while Slovakia saw declines. Finland’s reduction by 25.49% is also notable.
Future trends indicate further increases in Asian and Eastern European countries, driven by technology innovation and digital education investments. Tracking these trends will be crucial for understanding shifts in global educational competitiveness.
Top countries in Government Budget Allocations for R&D in Education by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 173,750 | 2023 | +4.28% | +3.76% | View data |
| 2 | 2 Germany | 53,540 | 2023 | +4.13% | +4.72% | View data |
| 3 | 3 Japan | 35,520 | 2023 | +5.1% | +250.72% | View data |
| 4 | 4 Russia | 18,420 | 2023 | +1.59% | +1.65% | View data |
| 5 | 5 Italy | 10,800 | 2023 | +2.63% | -3.93% | View data |
| 6 | 6 Australia | 6,560 | 2023 | +5.49% | +5.33% | View data |
| 7 | 7 South Korea | 5,190 | 2023 | -8.96% | +32.43% | View data |
| 8 | 8 Austria | 4,540 | 2023 | +4.53% | +3.66% | View data |
| 9 | 9 Denmark | 2,810 | 2023 | +3.72% | +90.64% | View data |
| 10 | 10 Romania | 1,000 | 2023 | +3.78% | +0.46% | View data |
