Erin Ross Jan 18
SaveSave story
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%.