In 2023, the United States led global intramural R&D expenditure in the private non-profit sector, with significant declines noted. Meanwhile, countries like Cyprus and Portugal displayed strong growths, at 12% and nearly 13% respectively. South Korea followed closely with a 9.77% increase. Conversely, Romania experienced a stark decline of 100%, with Macedonia also dropping significantly by over 20%. Slovenia showed remarkable growth, whereas countries like Japan and Sweden saw declines.
Future trends to watch include potential shifts in investment priorities post-2024, especially as emerging economies like Cyprus and Portugal continue to amplify their R&D expenditure. Strategic investment in R&D in these countries may indicate an evolving competitive landscape in the private non-profit sectors globally.
Top countries in Intramural R&D Expenditure in the Private Non-Profit Sector by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 0.13 | 2023 | +0.78% | -0.15% | View data |
| 2 | 2 Cyprus | 0.12 | 2023 | +3.45% | +12.03% | View data |
| 3 | 3 South Korea | 0.1 | 2023 | +3.03% | +9.77% | View data |
| 4 | 4 Switzerland | 0.089 | 2023 | +1.14% | +1.53% | View data |
| 5 | 5 France | 0.047 | 2023 | 0% | +6.07% | View data |
| 6 | 6 United Kingdom | 0.043 | 2023 | +2.38% | +2.5% | View data |
| 7 | 7 Portugal | 0.04 | 2023 | -2.44% | +12.7% | View data |
| 8 | 8 Japan | 0.04 | 2023 | 0% | -0.49% | View data |
| 9 | 9 Italy | 0.026 | 2023 | -3.7% | +3.4% | View data |
| 10 | 10 Finland | 0.024 | 2023 | +4.35% | +1.76% | View data |
