The UNESCO Institute for Statistics (UIS) has released a new data tool showing the leaders and emerging players in research and development (R&D) across the world, according to a recent news story. The tool aids in pushing forward the global Sustainable Development Goals (SDGs), specifically Goal 9, which addresses Industry, Innovation, and Infrastructure. “SDG 9 calls on governments to promote sustainable industrialisation and innovation by ramping up spending on R&D and increasing the number of researchers. Both indicators are featured in the new data tool: How much does your country invest in R&D? The tool offers a global perspective on spending patterns, as well as time series data on regional and country-level commitments to R&D, in absolute terms and relative to GDP.”
Data highlights (directly quoted):
- The top five R&D performers in absolute terms (R&D expenditure) are: the United States, followed by China, Japan, Germany and the Republic of Korea. The ranking changes dramatically when viewed according to the indicator that will be used to monitor SDG 9 (R&D expenditure as a percentage of GDP): the Republic of Korea is the world leader followed by Israel, Japan, Finland and Sweden.
- China is achieving an astonishing annual average growth rate of 18.3% in R&D spending, compared to just 1.4% across the rest of the world’s upper-middle-income countries… This means that China is rapidly approaching the United States, which accounts for almost 30% of global R&D expenditure.