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EY survey: Switzerland ranked sixth for R&D expenditure

GenevaTimes by GenevaTimes
June 18, 2025
in Switzerland
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Swiss companies rank 6th worldwide in research

Switzerland came sixth in terms of total research expenditure in 2024, the EY survey revealed.


Keystone-SDA





Generated with artificial intelligence.

Switzerland is one of the world’s leading countries for expenditure on research and development (R&D), a survey shows.


This content was published on


June 18, 2025 – 11:48

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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)..

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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 Japan (€88 billion) are also ranked in the top three for R&D expenditure.

Switzerland is preceded by Germany (4th place) and South Korea (5th). The Alpine nation is followed by the UK, France and the Netherlands.

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While Switzerland ranks highly, investment has slowed: up by 1% compared to the previous year. Other countries have made a “more significant leap forward”, according to the study.

The Swiss companies included in the survey were Roche, Novartis, Nestlé, ABB, Aptiv, DSM-Firmenich, Sandoz, Alcon, Givaudan, Swisscom, Sika, Swatch, Holcim and Schindler.

Translated from French by DeepL/sb

We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.  

Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.

If you have any questions about how we work, write to us at english@swissinfo.ch

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