The forecast for intramural R&D expenditure in Germany across all sectors shows a steady increase from 2024 to 2028, starting at 122.93 billion Euros in 2024 and reaching 136 billion Euros in 2028. In comparison, data for 2023 showed expenditures at approximately 119.7 billion Euros, indicating a year-on-year growth of approximately 2.7% from 2023 to 2024. The compound annual growth rate (CAGR) from 2024 to 2028 is around 2.5% per year. This highlights a consistent upward trend in Germany's commitment to R&D investments over this period.
Future trends to watch for:
- Possible impact of economic fluctuations on R&D budgets.
- Potential shifts in government policies that could influence R&D funding.
- Technological advancements and their effect on R&D focus and spending.