In 2023, Japan led global private non-profit R&D expenditure in social sciences, humanities, and the arts, followed by Israel and Italy. Notable increases were observed in Russia and Portugal, with year-on-year growth rates of 6.41% and 19.25%, respectively. In contrast, Chile faced a significant decline of 16.79%. Over a five-year period, Italy displayed steady growth, while Romania showed remarkable recent increases.
Future trends indicate a potential increase in global private non-profit investment in R&D within underfunded nations such as Romania and Portugal. Economies with more stable or declining investments may seek innovative funding opportunities to rejuvenate growth.
Top countries in Private Non-Profit Expenditure on R&D in Social Sciences, Humanities, and the Arts by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 153.62 | 2023 | +2.35% | -0.19% | View data |
| 2 | 2 Israel | 142.38 | 2023 | +2.4% | +0.53% | View data |
| 3 | 3 Italy | 123.6 | 2023 | +8.01% | +4.92% | View data |
| 4 | 4 South Korea | 118.8 | 2023 | +0.86% | +2.6% | View data |
| 5 | 5 Russia | 28.9 | 2023 | +3.86% | +6.41% | View data |
| 6 | 6 Canada | 25.74 | 2023 | +6.97% | +1.53% | View data |
| 7 | 7 Finland | 22.73 | 2023 | +0.78% | +2.14% | View data |
| 8 | 8 Mexico | 20.43 | 2023 | -1.31% | +3.27% | View data |
| 9 | 9 Poland | 18.91 | 2023 | +3.27% | -0.71% | View data |
| 10 | 10 Czech Republic | 12.58 | 2023 | +3.69% | +2.84% | View data |
