In 2023, Germany led global higher education R&D expenditure in agricultural and veterinary sciences, followed by Japan and South Korea. South Korea and Poland showed significant year-on-year growth at 6.88% and 10.49%, respectively, highlighting their increasing focus on this sector. Eastern European countries like Hungary and the Czech Republic demonstrated notable advancements with 14.4% and 9.93% increases. Conversely, Japan, Singapore, and Taiwan experienced declines, indicating potential funding reallocation or budget constraints. Across a five-year CAGR, countries with consistent growth, such as Poland and the Netherlands, indicate a firm investment trajectory towards agricultural and veterinary R&D.
Future trends to watch include:
- Increased focus on sustainable agricultural practices and technologies.
- Potential expansion of R&D investment from emerging economies.
- The impact of global challenges, such as climate change, on directing R&D priorities.
- Potential collaborations and partnerships between universities and industries.
Top countries in Higher Education Expenditure on R&D in Agricultural and Veterinary Sciences by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 904.94 | 2023 | +2.59% | +1.79% | View data |
| 2 | 2 Japan | 873.02 | 2023 | +0.57% | -0.93% | View data |
| 3 | 3 South Korea | 626.23 | 2023 | +2.87% | +6.88% | View data |
| 4 | 4 Italy | 586.38 | 2023 | +3.59% | +3.95% | View data |
| 5 | 5 Poland | 511.59 | 2023 | +6.5% | +10.49% | View data |
| 6 | 6 Netherlands | 377.55 | 2023 | +1.97% | +7.32% | View data |
| 7 | 7 Spain | 223.02 | 2023 | +2.02% | +3.61% | View data |
| 8 | 8 United Kingdom | 212.49 | 2023 | +1.31% | +0.77% | View data |
| 9 | 9 Taiwan | 170.68 | 2023 | +0.05% | -0.068% | View data |
| 10 | 10 Russia | 158.34 | 2023 | +4.46% | +7.61% | View data |
