In 2023, Japan leads in Global R&D Budget for General Advancement of Knowledge (Not Financed from General University Funds) with 38.36 million USD. The US and Germany follow with significant investments of 17.42 and 9.12 million USD respectively. Emerging economies show varied trends, with Cyprus leading growth at 18.15%, while Romania dropped by 8.2%. The average growth rate over the past five years indicates a steady increase, notably in Japan and South Korea.
Future trends to watch include potential shifts in R&D funding priorities given technological advancements and geopolitical influences. Increasing collaborative international projects and digital transformation could reshape the funding landscape for R&D. Monitoring growth in smaller economies may reveal emerging research hubs.
Top countries in R&D Budget for General Advancement of Knowledge (Not Financed from General University Funds) Share by Country (Million US Dollars PPP, Constant)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 38.36 | 2023 | +33.77% | +23.27% | View data |
| 2 | 2 United States | 17.42 | 2023 | +2.44% | +0.6% | View data |
| 3 | 3 Germany | 9.12 | 2023 | +0.19% | +1.23% | View data |
| 4 | 4 South Korea | 8.74 | 2023 | +3.14% | +7.18% | View data |
| 5 | 5 France | 6.59 | 2023 | -1.5% | -1.62% | View data |
| 6 | 6 United Kingdom | 3.35 | 2023 | +0.12% | +3.31% | View data |
| 7 | 7 Spain | 2.78 | 2023 | +2.59% | +4.03% | View data |
| 8 | 8 Netherlands | 1.71 | 2023 | +1.38% | -1.93% | View data |
| 9 | 9 Belgium | 1.49 | 2023 | +11.66% | +4.13% | View data |
| 10 | 10 Sweden | 1.37 | 2023 | +1.03% | +0.92% | View data |
