In 2023, Japan's higher education expenditure on R&D in natural sciences and engineering stood at an undisclosed figure, with the focus now turning to future forecasts. From 2024 to 2028, expenditures are projected to increase from $15.31 billion to $15.91 billion USD PPP, indicating a steady upward trend. Year-on-year growth rates reveal a 0.98% average increase, while the cumulative annual growth rate (CAGR) over this five-year period stands at approximately 0.96%.
Future trends to watch include potential fluctuations in funding due to economic conditions, government policy shifts towards science and tech investments, and emerging research priorities in response to global challenges such as climate change and technological innovation.
