In 2023, Germany led European countries in higher education expenditure on R&D in social sciences, humanities, and the arts, with a substantial investment of 45.45 million euros. Italy and Spain followed, contributing 16.8 million euros and 15.05 million euros, respectively. The Netherlands, with 13.09 million euros, and Finland, with 4.58 million euros, were the next significant investors. Portugal, Lithuania, Slovakia, Estonia, Slovenia, and Latvia spent less, with Latvia spending the least at 0.19 million euros.
Over the last two years, Estonia experienced the smallest increase at just 0.2%, while Latvia observed the strongest growth, with a remarkable 10.43% increment. The remaining countries saw moderate year-on-year variations, ranging from Finland's 2.03% to Lithuania's 8.01%. Over five years, the compound annual growth rate (CAGR) showcases an industry experiencing varied investment adjustments, with Germany enhancing its position through a strategic focus on cultivating its rich cultural academic disciplines.
Future trends to watch include potential increased contributions from smaller economies as they seek to diversify their academic portfolios. Additionally, continued digital transformation and cross-disciplinary research could stimulate higher spending across all nations in this sector to address emerging social challenges and cultural dynamics.
Top countries in Higher Education Expenditure on R&D in Social Sciences, Humanities, and the Arts Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 45.45 | 2023 | +3.78% | +3.7% | View data |
| 2 | 2 Italy | 16.8 | 2023 | +1.28% | +2.26% | View data |
| 3 | 3 Spain | 15.05 | 2023 | +3.92% | +4.46% | View data |
| 4 | 4 Netherlands | 13.09 | 2023 | +2.69% | +5.07% | View data |
| 5 | 5 Finland | 4.58 | 2023 | +2.26% | +2.03% | View data |
| 6 | 6 Portugal | 3.1 | 2023 | +0.66% | +0.16% | View data |
| 7 | 7 Lithuania | 0.6 | 2023 | +3.36% | +8.01% | View data |
| 8 | 8 Slovakia | 0.53 | 2023 | +3.62% | +2.7% | View data |
| 9 | 9 Estonia | 0.35 | 2023 | +5.1% | +0.2% | View data |
| 10 | 10 Slovenia | 0.25 | 2023 | +1.87% | +2.58% | View data |
