The 2024 fiscal year marked a slight increase in Oracle Corporation’s research and development spending, the yearly total climbing to 8.9 billion U.S. dollars from the 6.5 figure recorded in 2021. Following years of dramatically expanding R&D budgets, the company seems to have slowed R&D budget expansion and stabilized the figure at around seven to eight billion. Oracle Founded in 1977, Oracle is a tech company primarily focused on relational database technology. Today, Oracle ranks among the largest companies in the world in terms of market value and serves as the world’s most popular database management system provider. In addition to its investment into R&D, the company is also known for its use of acquisitions to promote growth, with high profile purchases including Sun Microsystems, PeopleSoft, and NetSuite. Research and Development spending As one of the largest software and computer services companies, Oracle is also among the biggest R&D spenders. However, many of the company’s peers tend to spend far more on R&D, with Alphabet, Microsoft, and Facebook all spending well over ten billion euros in 2019/20.
Research and development (R&D) spending was forecast to reach over **** trillion U.S. dollars globally in 2022 (once local currencies are converted for purchasing power parity). This compares to around one trillion U.S. dollars in 2005, and around *** billion U.S. dollars in 1996. Spending decreased somewhat in 2020 following the outbreak of COVID-19, but increased again in 2021 and was forecast to do so in 2022 too.
The United States is the leading country worldwide in terms of spending on research and development (R&D), with R&D expenditure exceeding *** billion purchasing power parity (PPP) U.S. dollars. China is invested about *** billion U.S. dollars into R&D. Health and technology Overall, health and technology dominate R&D spending globally. In 2022, health constituted nearly ** percent of all R&D spending, while hardware producers accounted for over ***percent and software producers accounted for over ***percent. Tech companies such as Meta, Amazon, and Alphabet contribute massively to tech spending, while spending continues to grow in areas such as medical technology and pharmaceuticals. Other sources of R&D spending Other sources of R&D spending include the automotive industry, chemicals, and manufacturing. Notably, within the automotive industry, the EU leads in spending, contributing nearly ** billion euros to the *** billion euros spent on automotive R&D globally. By company, Volkswagen spent the most at **** billion U.S. dollars, while in the United States, Ford spent the most on R&D at *** billion U.S. dollars.
Expenditures on research and development (R&D) by performing sectors. This table is included in Section D: Postsecondary education: Research and development of the Pan Canadian Education Indicators Program (PCEIP). PCEIP draws from a wide variety of data sources to provide information on the school-age population, elementary, secondary and postsecondary education, transitions, education finance and labour market outcomes. The program presents indicators for all of Canada, the provinces, the territories, as well as selected international comparisons and comparisons over time. PCEIP is an ongoing initiative of the Canadian Education Statistics Council, a partnership between Statistics Canada and the Council of Ministers of Education, Canada that provides a set of statistical measures on education systems in Canada.
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Research and development expenditure (% of GDP) in United States was reported at 3.5862 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The average for 2021 based on 78 countries was 1.25 percent. The highest value was in Israel: 5.56 percent and the lowest value was in Iraq: 0.04 percent. The indicator is available from 1996 to 2022. Below is a chart for all countries where data are available.
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Research and development expenditure (% of GDP) in World was reported at 2.6702 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Research and development expenditure (% of GDP) in China was reported at 2.5552 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Research and development expenditure (% of GDP) in Japan was reported at 3.4054 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Graph and download economic data for Expenses for Research and Development In The Physical, Engineering, and Life Sciences, All Establishments, Employer Firms (RADITPEALSE3154171) from 2003 to 2022 about R&D, engineering, science, life, employer firms, establishments, expenditures, and USA.
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China R & D: Expenditure: Basic Research data was reported at 249,700.000 RMB mn in 2024. This records an increase from the previous number of 225,911.760 RMB mn for 2023. China R & D: Expenditure: Basic Research data is updated yearly, averaging 29,738.901 RMB mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 249,700.000 RMB mn in 2024 and a record low of 1,806.000 RMB mn in 1995. China R & D: Expenditure: Basic Research data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OS: Research and Development: Expenditure.
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Annual estimates of research and development in the UK by country and region by business enterprise, higher education, government, UK Research and Innovation, and private non-profit organisations.
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Annual estimates of national research and development (R&D) spending in the UK from the public and private sectors: business enterprise, government, higher education and private non-profit organisations.
The statistic describes the share of GDP expenditure on research and development (R&D) investment in China from 2010 to 2024. In 2024, China’s investment in R&D as a proportion of GDP reached around **** percent.
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Business enterprise expenditure on research and development (BERD), by country of control and North American Industry Classification System (NAICS) from 2000 to 2013.
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Korea Research and Development Expenditure: % of GDP data was reported at 4.228 % in 2015. This records a decrease from the previous number of 4.277 % for 2014. Korea Research and Development Expenditure: % of GDP data is updated yearly, averaging 2.728 % from Dec 1996 (Median) to 2015, with 20 observations. The data reached an all-time high of 4.277 % in 2014 and a record low of 2.063 % in 1999. Korea Research and Development Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Technology. Gloss domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).
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Research and development expenditure (% of GDP) in Poland was reported at 1.4538 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Poland - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Research and development expenditure (% of GDP) in Georgia was reported at 0.25283 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Research and development expenditure (% of GDP) in Germany was reported at 3.1324 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Research and development expenditure (% of GDP) in Canada was reported at 1.7013 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - Research and development expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
The 2024 fiscal year marked a slight increase in Oracle Corporation’s research and development spending, the yearly total climbing to 8.9 billion U.S. dollars from the 6.5 figure recorded in 2021. Following years of dramatically expanding R&D budgets, the company seems to have slowed R&D budget expansion and stabilized the figure at around seven to eight billion. Oracle Founded in 1977, Oracle is a tech company primarily focused on relational database technology. Today, Oracle ranks among the largest companies in the world in terms of market value and serves as the world’s most popular database management system provider. In addition to its investment into R&D, the company is also known for its use of acquisitions to promote growth, with high profile purchases including Sun Microsystems, PeopleSoft, and NetSuite. Research and Development spending As one of the largest software and computer services companies, Oracle is also among the biggest R&D spenders. However, many of the company’s peers tend to spend far more on R&D, with Alphabet, Microsoft, and Facebook all spending well over ten billion euros in 2019/20.