In 2023, UK government expenditure on R&D in social sciences, humanities, and the arts was approximately 2.68 billion USD PPP (2015). Forecasts suggest a consistent annual growth, with values projected to reach 3.57 billion USD by 2028. Year-on-year variations indicate a steady increase, with a noticeable rise from 2.86 billion USD in 2024 to 3.04 billion USD in 2025, progressing linearly through to 2028. The compound annual growth rate (CAGR) demonstrates an average annual growth of around 5% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Potential policy changes affecting funding allocations
- Impact of economic factors on budgeting for the arts and humanities
- The influence of technological advancements and digital integration in research approaches in these fields
