EY survey: Switzerland ranked sixth for R&D expenditure

Switzerland is one of the world's leading countries for expenditure on research and development (R&D), a survey shows. +Get the most important news from Switzerland in your inbox In the ranking of the world's top 500 companies by the consulting firm EY, Switzerland came sixth in terms of total research expenditure in 2024. It featured 14 Swiss companies, such as Roche and Novartis. The Swiss companies analysed spent a total of €34 billion (CHF32 billion) on R&D. Roche alone is responsible for half of this (€16.1 billion).. According to the authors of the study, Swiss companies have an above-average budget for innovation in an international comparison. "This is a positive sign for Switzerland as a centre of research," says Stefan Rösch-Rütsche, country managing partner at EY Switzerland. US: R&D leader When it comes to expenditure on R&D, the US is the clear leader (total expenditure $524 billion), with companies such as Amazon and Google. China and Hong Kong (€112 billion) and ...