U.S. R&D Increased by $62 Billion in 2019 to $667 Billion; Estimate for 2020 Indicates a Further Rise to $708 Billion
June 1, 2022
This analysis explores the levels of expenditures by the principal U.S. R&D performers and their sources of funding. Topics covered include current trends in total U.S. R&D and in national R&D intensity, as well as information on the type of R&D performed.
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The United States led global basic research performance ($103 billion) in 2019, followed by China ($32 billion)
Temporary visa holders accounted for 46.5% of all graduate students in engineering at U.S. academic institutions in 2020
Value added by knowledge- and technology-intensive industries was nearly $2.4 trillion in 2020, or 11% of U.S. GDP
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