The Gross Domestic Expenditure on R&D in the United Arab Emirates has shown considerable fluctuations from 2014 to 2023. The value significantly increased from 17.76 units in 2014 to 35.63 units in 2015, but then dropped to 10.96 units in 2016. A relatively stable trend was observed from 2019 to 2023, starting at 16.2 units in 2019 and leveling to 15.36 units in 2023.
Year-on-Year Variations:
• 2022-2023: -1.28% decline
• 2021-2022: -1.33% decline
• 5-year CAGR: -1.13%
Future trends indicate a continuous decline in the Gross Domestic Expenditure on R&D. By 2028, the value is projected to be 14.31 units, marking a 5-year decline of 5.51%. Major trends to watch for include technological innovations, government policy changes, and investment patterns from private sectors, which may influence future R&D expenditures.
