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Top 20 Governments Funding Quantum Tech Initiatives
According to Quantum research and consulting firm GQI, total government spending in Quantum Tech by January 2023 was over $55 Billion. China is making the largest push into the field and is the top spender at $25 Billion. China has also filed 54% of quantum tech related patents compared with 15% by Japan, 11% by the EU and 10% by the US.
Rank | Country | Total Funding (Billions) |
---|---|---|
1. | China | $25 |
2. | EU | $7.2 |
3. | Germany | $6.4 |
4. | USA | $3.7 |
5. | France | $2.3 |
6. | Japan | $1.8 |
7. | Canada | $1.6 |
8. | India | $1.1 |
9. | Netherlands | $0.904 |
10. | Russia | $0.790 |
11. | Israel | $0.435 |
12. | Taiwan | $0.282 |
13. | Sweden | $0.160 |
14. | Austria | $0.127 |
15. | Singapore | $0.122 |
16. | Switzerland | $0.120 |
17. | Australia | $0.099 |
18. | Finland | $0.084 |
19. | Spain | $0.067 |
20. | New Zealand | $0.037 |