Based on the provided forecast data, the expenditure as a percentage of GDP from 2024 to 2028 remains constant at 0.00028%. This indicates no year-on-year variation over this period. Consequently, the Compound Annual Growth Rate (CAGR) is 0%, reflecting a stagnant trend in investment levels.
Future Trends to Watch
The static forecast suggests that no significant policy or economic changes are expected to impact private non-profit R&D spending in the near term. Future trends to watch include potential government incentives for R&D, shifts in private sector priorities, and international collaborations which could spur an increase in funding.
