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This 40 page PDF R&D Funding Forecast bundle includes the years 1984 through 1989 and also includes reports from 1959 and 1961.
Our 2018 forecast is a combination of the industrial, government and academic investments by the R&D spending countries of the world. The investments made by these countries are largely influenced by value and growth of their gross domestic product (GDP). We base our R&D forecasts for each country on economic forecasts and science and technology (S&T) survey data by the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation and Development (OECD), and the U. S. Central Intelligence Agency, along with multiple reader surveys performed by the editors of R&D Magazine. Economic data are combined with published relationships of each country’s science and technology efforts to create the R&D forecasts.
The U.S. is expected to invest $581.0 billion in R&D in 2019, an increase of 2.7 % over the $565.8 billion invested in 2018. A big part of the 2019 increase comes from a large increase in federal research funding for the FY2019 budget, which was the highest funding increase since 2009.
The continuing large annual increases in Chinese R&D investments (non-stop for more than 20 years) and the inability of the U.S. to match those increases results in a forecast of China outspending the U.S. (for the very first time) in R&D ($622 billion for China vs $599 billion for the U.S.) in 2021. This nearly 4% difference can be partially explained by a 2% improvement in China’s annual GDP compared to a 4% decline in U.S. annual GDP for 2020.
For 2022 and the 63rd consecutive year, the editors of R&D World are focusing on the annual global variants of R&D investments for the upcoming calendar year. In this annual report, we document the changing R&D investments in academia, government and industrial organizations for the top 116 R&D investing countries in the world. We look at the reasons for these changes, their effects on current and future spending, and the net technological results. For 2022, R&D World’s editors forecast that $2.476 trillion will be invested globally in R&D efforts, an increase of 5.43% over the $2.348 trillion that was spent in calendar 2021. More than 80% (81.6% or $104 billion) of that 2022 R&D spending increase can be accounted for by the annual increases in the Top Ten R&D spending countries (U. S. to Brazil).