The 2023 data reveals the United States and Japan leading in R&D investment for planet and infrastructure, contributing significantly more than other countries. While the US grew 2.67% year-on-year, Japan surged by 9.44%. Germany, showing steady growth at 5.74%, follows, with Italy experiencing a robust increase at 10.43%. South Korea and the United Kingdom also show stable growth, highlighting their commitment to R&D. In contrast, Mexico's investment decreased by 5.88%, reflecting a reallocation of budget priorities. Emerging participants, like Hungary and Iceland, demonstrated remarkable growth rates of 17.54% and 14.4%, respectively, signifying their increasing focus on research and development.
Future trends to watch include a growing emphasis in emerging economies to close the R&D investment gap, driven by technological advancements and environmental challenges. Additionally, the stable growth of traditional leaders suggests a continuous commitment to innovation, indicating that global R&D efforts may increasingly concentrate on sustainable solutions and infrastructure resilience.
Top countries in R&D Budget for Planet and Infrastructure by Country
| # | 10 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 23,340 | 2023 | -1.13% | +2.67% | View data |
| 2 | 2 Japan | 22,330 | 2023 | +6.45% | +9.44% | View data |
| 3 | 3 Germany | 10,160 | 2023 | +3.82% | +5.74% | View data |
| 4 | 4 South Korea | 6,290 | 2023 | +3.27% | +6.75% | View data |
| 5 | 5 Italy | 5,200 | 2023 | +6.1% | +10.43% | View data |
| 6 | 6 United Kingdom | 4,060 | 2023 | +2.96% | +3.98% | View data |
| 7 | 7 Spain | 2,610 | 2023 | +1.39% | +0.58% | View data |
| 8 | 8 Taiwan | 1,860 | 2023 | +0.2% | +0.17% | View data |
| 9 | 9 Australia | 1,430 | 2023 | +1.65% | +2.48% | View data |
| 10 | 10 Netherlands | 1,100 | 2023 | -1.65% | +0.14% | View data |
