In 2023, South Korea led global intramural expenditure on R&D in agricultural and veterinary sciences with substantial growth of 2.95%, maintaining its top position with an expenditure of $2.12 billion. Poland showed a notable increase of 6.23%, indicating an active R&D environment. Taiwan and Singapore also posted positive growths, while Hungary faced a decline of 2.14%. Smaller countries like Latvia and Portugal showed moderate increases, signaling potential for further development.
Future trends to watch include emerging technological advancements in agricultural sciences and regional policy shifts promoting R&D investments. Continued growth in these sectors is crucial for addressing global food security and sustainable farming challenges.
Top countries in Total Intramural Expenditure on R&D in Agricultural and Veterinary Sciences by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 2,120 | 2023 | +2.84% | +2.95% | View data |
| 2 | 2 Taiwan | 769.89 | 2023 | +0.34% | +0.87% | View data |
| 3 | 3 Poland | 760.08 | 2023 | +4.77% | +6.23% | View data |
| 4 | 4 Russia | 665.65 | 2023 | +0.84% | +1.52% | View data |
| 5 | 5 Singapore | 438.22 | 2023 | +3.55% | +2.53% | View data |
| 6 | 6 Chile | 260.98 | 2023 | +1.76% | +1.96% | View data |
| 7 | 7 Czech Republic | 212.73 | 2023 | +1.63% | +2.09% | View data |
| 8 | 8 Hungary | 189.83 | 2023 | -0.009% | -2.14% | View data |
| 9 | 9 Portugal | 188.37 | 2023 | -0.12% | +4.8% | View data |
| 10 | 10 Romania | 114.74 | 2023 | -0.073% | +0.97% | View data |
