FAO Launches Global Agricultural R&D Database Showing $50.4 Billion in Public Research Spending and 316,000 Researchers in 2023
Sepehr Achard
The Food and Agriculture Organization of the United Nations (FAO) released new data showing that global public agricultural research and development (R&D) expenditure reached $50.4 billion in 2023, measured in constant 2015 purchasing power parities — an increase from $35.9 billion in 2004 and an average annual growth rate of 1.8% over the two-decade period. The post FAO Launches Global Agricultural R&D Database Showing $50.4 Billion in Public Research Spending and 316,000 Researchers in 2023 ap