R&D expenditure by country 2022 | Statista (2024)

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R&D expenditure by country 2022 | Statista? ›

The United States is the leading country worldwide in terms of spending on research and development (R&D), with R&D expenditure exceeding 760 billion purchasing power parity (PPP) U.S. dollars. China is invested about 620 billion U.S. dollars into R&D.

Israel and South Korea are the world's leading spenders on research and development (R&D) as a percentage of gross domestic product (GDP). In pure dollar terms, however, the United States is consistently the largest spender on R&D.

Companies with the highest spending on research and development 2022. Amazon spent the most on research and development in the fiscal year 2022, with over 73 billion U.S. dollars. Meta, Alphabet, Apple, and Huawei rounded out the top five of companies with the highest R&D spending that year.

It shows that the US still retains a healthy lead, spending $806 billion on R&D, both public and private, in 2021, the latest year the report calculates. China spent $668 billion.

The United States is the leading country worldwide in terms of spending on research and development (R&D), with R&D expenditure exceeding 760 billion purchasing power parity (PPP) U.S. dollars. China is invested about 620 billion U.S. dollars into R&D.

The United States has had an R&D intensity, a measure of R&D expenditures relative to gross domestic product (GDP), above 3.0% since 2019. In 2022, the United States had an R&D intensity of 3.4%, based on National Patterns of R&D Resources statistics.

The full breakdown of how much each industry spends on R&D: Technology: US$268.8bn – 31.3% Pharmaceuticals & Biotechnology: US$160.7bn – 18.7% Automobiles and Components: US$143.9bn – 16.8%

Amazon annual research and development expenses for 2023 were $85.622B, a 16.95% increase from 2022. Amazon annual research and development expenses for 2022 were $73.213B, a 30.62% increase from 2021. Amazon annual research and development expenses for 2021 were $56.052B, a 31.15% increase from 2020.

In 2022, Israel invested six percent of the country's gross domestic product (GDP) into research and development, the highest worldwide. In South Korea, the expenditure on R&D reached over five percent of its GDP.

Why does Apple spend so much on R&D? ›

In order for companies to grow, they have to be willing to reinvest in themselves and create new products and services that captivate their consumers. Apple's history of research and development (R&D) spending demonstrates Cook's desire to see his company grow.

Out of the five automotive manufacturers surveyed, Volkswagen was forecast to record the largest research and development costs in 2022 at some 20.9 billion U.S. dollars, followed by Toyota.

This figure is up from 2.8% in 2012 and 3.2% in 2019; or in a longer perspective, from 2.4% at the launch of the World Wide Web in 1993 and 2.6% during the moon-landing year 1969. If this “intensity” level held up through 2023, total U.S. science commitment in 2024 would top $1 trillion.

This matters for the debate over which of the US or China has the larger economy because, measured at market exchange rates, US GDP is still around 40% larger than that of China.

In 2021, China was the leading source for U.S. pharmaceutical imports measured by weight, accounting for 190 million kilograms (418 million lbs) or 23% of total pharma imports.

Leading the pack is the US, with almost 150,000 clinical studies on record since 2008, placing it well ahead of France in second position which has just over 30,000. Meanwhile five out of the top 10 countries on the list are located in Europe.