The Global Higher Education Expenditure on R&D in All Fields showed varied performance among countries in 2023. Germany led with the highest expenditure, followed by Japan and the United Kingdom, all showing modest year-on-year increases. South Korea exhibited a significant increase in expenditure, reflecting strong growth momentum. In contrast, countries like Canada, Mexico, and Taiwan saw declines in expenditure. Emerging countries such as Poland and Hungary demonstrated substantial growth, highlighting expanding R&D activities. The five-year CAGR reveals varying growth trajectories, with some regions experiencing robust development and others showing stagnation or decline.
Future trends to watch include increased investment in R&D by emerging economies, particularly in Eastern Europe and Latin America, as they strive to enhance their global competitiveness. Additionally, digital transformation and innovative technologies could spur higher education institutions to allocate more resources toward R&D activities, influencing future expenditure patterns. Adaptation to green and sustainable technologies is also expected to reshape R&D strategies globally.
Top countries in Higher Education Expenditure on R&D in All Fields Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.18 | 2023 | +1.91% | +1.74% | View data |
| 2 | 2 Japan | 14.33 | 2023 | +0.47% | +0.52% | View data |
| 3 | 3 United Kingdom | 13.7 | 2023 | +2.1% | +0.48% | View data |
| 4 | 4 South Korea | 8.24 | 2023 | +7.89% | +8.43% | View data |
| 5 | 5 Canada | 7.78 | 2023 | -1.61% | -0.9% | View data |
| 6 | 6 Italy | 5.61 | 2023 | +0.55% | +1.2% | View data |
| 7 | 7 Poland | 5.15 | 2023 | +7.33% | +10.52% | View data |
| 8 | 8 Spain | 4.79 | 2023 | +3.53% | +3.5% | View data |
| 9 | 9 Netherlands | 4.44 | 2023 | +1.41% | +3.14% | View data |
| 10 | 10 Russia | 3.1 | 2023 | +2.32% | +4.58% | View data |
