China’s overall spending on R&D has topped that of the United States

Gross domestic expenditure on R&D (PPP-adjusted US$ billion, current prices) in selected economies, 2000-2024

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Note: In Switzerland, R&D spending amounted to $25.9 billion in 2023 (latest available figures).

Chart: pturSource: OECD, Main science and technology ndicators (MSTI database)Get the data