Africa
Europe
Asia
All regions
Latin America
North America
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.5
73
0.42
Mid-market investment intentions
The net change in R&D investment by the mid-market in the next 12 mths
Overall region R&D spend
Total R&D expenditure as a proportion of GDP
40
2.65
35
2.07
28
1.83
0.66
R&D investment is a priority for the global mid-market
Hover over the location pins to explore mid-market R&D investment intentions against the wider market. How does your business compare?
R&D investment intentions among the mid-market are much healthier, with firms appearing to channel investments into quality and not quantity enhancements.
Mid-market perspective:
'Total Research and Development expenditure as a proportion of GDP' - UNESCO (2016/2017) 'The net change in Research and Development investment by the mid-market in the next 12 months' - Grant Thornton's IBR (H1 2019) *No recent UNESCO data is available for Botswana, India, Nigeria, and Philippines. These are therefore shown in grey on the map. Hover over the pins to view the latest mid-market investment intentions for these countries.
United Arab Emirates
31
0.96
Overall country R&D spend
India
67
no recent data available
Turkey
42
Armenia
8
0.23
Australia
22
2.20*
Philippines
61
Vietnam
0.53
New Zealand
0
Malaysia
9
1.44
South Korea
4.55
Russia
4
1.11
Japan
15
3.20
Thailand
39
0.78
Singapore
17
2.22
Indonesia
58
0.24
Mainland China
44
2.13
R&D investment intentions are much stronger in emerging Asia than developed Asia. Expectations are particularly high in India, Philippines, Indonesia and Vietnam.
'Total Research and Development expenditure as a proportion of GDP' - UNESCO (2016/2017) 'The net change in Research and Development investment by the mid-market in the next 12 months' - Grant Thornton's IBR (H1 2019) 'No recent UNESCO data is available for Botswana, India, Nigeria, and Philippines. These are therefore shown in grey on the map. Hover over the pins to view the latest mid-market investment intentions for these countries. *As referenced in the UNESCO visualization.
Finland
2.76
Greece
48
1.14
Spain
1.21
France
29
2.19
Sweden
19
3.31
Ireland
27
1.04
Poland
United Kingdom
24
1.67
Netherlands
34
2.00
Germany
3.04
Italy
1.36
R&D investment intentions in Europe are muted compared with other regions, but there are hotspots of investment.
South Africa
70
0.82
Nigeria
77
Botswana
Mid-market businesses in the monitored countries have rising investment intentions across the board, including in the area of R&D.
Mexico
0.49
Brazil
46
1.27
Argentina
R&D investment intentions in Latin America have been rising over the last few years, with Brazil leading the pack.
Northern America
Canada
1.59
United States of America
41
2.80
Investment intentions for R&D have risen sharply from an average net increase of 13% in H2 2017 to 40% in H1 2019.
