Japan leads in global government expenditures on R&D in agricultural and veterinary sciences with $1.88 billion in 2023, experiencing a modest growth rate of 0.33%. The United Kingdom follows, displaying a significant growth trend of 6.65%. Germany and South Korea also show stable investments with growth rates of 1.58% and 2.21%, respectively. Estonia, Lithuania, and Singapore have shown notable increases, indicating growing focus in these regions.
Future trends may observe increased investments from smaller economies like Estonia and Singapore as they continue their R&D expansion. The decline in expenditure in countries like Hungary and Portugal suggests potential reallocations or strategic shifts in their priorities.
Top countries in Government 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 Japan | 1,880 | 2023 | +0.032% | +0.33% | View data |
| 2 | 2 United Kingdom | 1,250 | 2023 | +4.13% | +6.65% | View data |
| 3 | 3 Germany | 986.64 | 2023 | +1.71% | +1.58% | View data |
| 4 | 4 South Korea | 952.42 | 2023 | +2.65% | +2.21% | View data |
| 5 | 5 Russia | 637.96 | 2023 | +2.26% | +2.45% | View data |
| 6 | 6 Spain | 574.58 | 2023 | +1.77% | +2.24% | View data |
| 7 | 7 Taiwan | 510.84 | 2023 | +1.4% | +4.77% | View data |
| 8 | 8 Italy | 466.03 | 2023 | +0.99% | +3.26% | View data |
| 9 | 9 Netherlands | 297.48 | 2023 | +0.27% | +1.26% | View data |
| 10 | 10 Norway | 224.55 | 2023 | +2.69% | +0.27% | View data |
