The United Kingdom leads global business enterprise R&D expenditure in the social sciences and humanities, with 201.64 million US dollars in 2023. Poland, notable for its 7.45% growth rate, follows with significant investments. South Korea displayed a remarkable 74.41% surge, while Taiwan's and Spain's growth were modest. Estonia and Lithuania demonstrated over 12% increases, indicating emerging potential. Conversely, Hungary, Slovenia, and Slovakia experienced declines, with Slovakia having the steepest decrease at 8.78%. In contrast, Latvia and Iceland achieved positive growths of 7.22% and 5.03%, respectively.
Future trends suggest increased focus on social sciences and humanities as countries recognize their value in understanding complex socio-economic challenges, driven by technological advancements and global issues such as inequality and climate change.
Top countries in Business Enterprise R&D Expenditure in Research and Experimental Development on Social Sciences and Humanities by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 201.64 | 2023 | +4.07% | +2.86% | View data |
| 2 | 2 Poland | 132.07 | 2023 | +6.26% | +7.45% | View data |
| 3 | 3 South Korea | 83.83 | 2023 | +24.45% | +74.41% | View data |
| 4 | 4 Taiwan | 74.9 | 2023 | +4.27% | +3.11% | View data |
| 5 | 5 Spain | 42.05 | 2023 | +2.87% | +6.94% | View data |
| 6 | 6 Lithuania | 15.89 | 2023 | +29.65% | +12.4% | View data |
| 7 | 7 Italy | 14.32 | 2021 | +54% | +10.53% | View data |
| 8 | 8 Hungary | 12.01 | 2023 | +0.075% | -3.27% | View data |
| 9 | 9 Slovenia | 3.69 | 2023 | -9.06% | -5.75% | View data |
| 10 | 10 Estonia | 2.37 | 2023 | +17.72% | +12.73% | View data |