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Teaching activity

Data Starter: Global spending on Research and Development, 2024

Elizabeth Veal

24th February 2026

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Which countries spent the most on R&D in 2024?

Using the Visual Capitalist infographic, answer these calculation questions:

  1. What percentage of total global R&D spending was done by the USA & China combined?
  2. Compare the total R&D spending in Europe to the total in the USA.

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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