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Erin Ross Jan 18
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Where U.S. science stands

The amount spent on science research and development, using purchasing power parity (ppp) exchange rates for international comparison. Reproduced from National Science Board Science & Engineering Indicators - 2018; Chart: Axios Visuals

China is on track to overtake the United States in expenditures on science research and development — if they haven’t already. According to the National Science Foundation’s congressionally mandated Science & Engineering Indicators report released today, overall spending on research in China has gone up by roughly 18% each year since 2000. The annual increase in the U.S. is just 4%.