In 2023, South Korea led the intramural R&D expenditure in Natural Sciences and Engineering, followed by Taiwan and Russia. Notable year-on-year growth in 2023 was observed in Taiwan (8.71%), Poland (8.09%), and Portugal (8.86%). Meanwhile, Mexico experienced a decline of 6.06%. Over the last five years, Taiwan and Poland showed significant growth trends. Despite the fluctuations, the overall R&D investment remained robust in leading countries, sustaining innovation and development in these sectors.
Future trends to watch include increasing investment in emerging technologies and sustainability, especially in rapidly growing regions like Taiwan and Poland. These investments could impact global competitiveness and technological advancements.
Top countries in Total Intramural Expenditure on R&D in Natural Sciences and Engineering Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 38.17 | 2023 | +4.32% | +4.69% | View data |
| 2 | 2 Taiwan | 19.56 | 2023 | +8.3% | +8.71% | View data |
| 3 | 3 Russia | 12.86 | 2023 | +1.11% | +2.24% | View data |
| 4 | 4 Canada | 9.14 | 2023 | +0.73% | +0.65% | View data |
| 5 | 5 Poland | 6.21 | 2023 | +6.64% | +8.09% | View data |
| 6 | 6 Singapore | 3.92 | 2023 | +2.87% | +5.44% | View data |
| 7 | 7 Czech Republic | 2.61 | 2023 | +2.56% | +2.29% | View data |
| 8 | 8 Portugal | 1.88 | 2023 | +8.68% | +8.86% | View data |
| 9 | 9 Hungary | 1.75 | 2023 | +4.28% | +4.96% | View data |
| 10 | 10 Mexico | 1.42 | 2023 | -6.55% | -6.06% | View data |