In 2023, Italy led with the highest R&D expenditure in education among listed countries at $16.63 million PPP. Poland exhibited considerable growth at 20.23% year-on-year, alongside Lithuania's 17.2% increase. Conversely, Spain and Slovenia faced declines, with reductions of 5% and 3.55%, respectively. Hungary posted a significant increase of 31.4%, while Germany's expenditure remained stagnant. Noteworthy growth over five years was seen across countries, indicating varying levels of investment commitment.
Future trends suggest an emphasis on enhancing technological integration in education, particularly in Europe, promoting cross-border collaborations, and an increasing focus on digital education tools and platforms globally.
Top countries in Business Enterprise R&D Expenditure in Education by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16.63 | 2023 | +15.37% | +3.45% | View data |
| 2 | 2 Poland | 14.66 | 2023 | +33.25% | +20.23% | View data |
| 3 | 3 Spain | 11.02 | 2023 | +3.98% | -5% | View data |
| 4 | 4 Germany | 10.71 | 2023 | +25.1% | View data | |
| 5 | 5 Lithuania | 9.14 | 2023 | +35.02% | +17.2% | View data |
| 6 | 6 Hungary | 6.66 | 2023 | +6.42% | +31.4% | View data |
| 7 | 7 Portugal | 4.69 | 2023 | +8.46% | +21.62% | View data |
| 8 | 8 Taiwan | 3.08 | 2023 | +4.9% | +6.02% | View data |
| 9 | 9 Finland | 2.24 | 2021 | View data | ||
| 10 | 10 Czech Republic | 1.54 | 2023 | +0.52% | +4.16% | View data |
