The United States leads global intramural R&D expenditure at €752.96 billion, followed by China at €386.92 billion. Over the past year, the U.S. saw a 7.92% increase, while Poland and Portugal experienced significant growth at 9.72% and 10.93% respectively. Emerging markets like Lithuania and Cyprus showed remarkable increases of over 10% in 2023. Despite smaller expenditures, nations like Finland, Greece, and Hungary reported steady growth in R&D spending.
Looking ahead, geopolitical shifts and government policies will significantly impact R&D investment. Continued growth in emerging markets and advancements in technology sectors are expected to drive global R&D dynamics, while fiscal policies and innovation clusters will shape national spending trends.
Top countries in Intramural R&D Expenditure in the All Sectors by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 752,960 | 2023 | +4.96% | +7.92% | View data |
| 2 | 2 China (except Hong Kong) | 386,920 | 2023 | |||
| 3 | 3 Japan | 144,950 | 2023 | +1.92% | +1.07% | View data |
| 4 | 4 Germany | 119,590 | 2023 | +2.91% | +2.7% | View data |
| 5 | 5 South Korea | 82,810 | 2023 | +4.65% | +4.64% | View data |
| 6 | 6 France | 57,060 | 2023 | +1.51% | +1.91% | View data |
| 7 | 7 United Kingdom | 47,330 | 2023 | +1.84% | +2.46% | View data |
| 8 | 8 Italy | 27,120 | 2023 | +2.12% | +1.46% | View data |
| 9 | 9 Switzerland | 24,200 | 2023 | +3.28% | +4.12% | View data |
| 10 | 10 Netherlands | 21,290 | 2023 | +3.86% | +5.16% | View data |