The Department of Defense reported $85.9 billion, HHS $52.5 billion and the Department of Energy $16.1 billion. The five largest agencies made up 93% of the total.
Obligations are amounts federal agencies committed to fund; they are not the same as measured R&D performance expenditures. The preliminary FY2024 total was estimated at $195.7 billion.
Data
metrics
Reported indicators
Selected numerical indicators for the scope and period defined by the source.
Federal R&D obligations
186.4 US$ billion
2023 · Observed
Prior-year federal obligations
190.5 US$ billion
2022 · Observed
FY2024 federal R&D obligations
195.7 US$ billion
2024 · Estimate
Methodology
NCSES annual federal funds survey aggregates agencies’ R&D funding obligations on a fiscal-year basis.
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Taiwan Semiconductor Manufacturing Company1 min read
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