In 2023, Italy's government expenditure on R&D stood at 5.79 billion USD PPP. From 2024 to 2028, forecasts indicate a steady annual increase, with a notable year-on-year rise of approximately 1.53% to 1.56%. The compound annual growth rate (CAGR) over these five years is approximately 1.55%, reflecting a consistent upward trajectory in government investment in research and development.
Future trends to watch for include potential shifts in budget allocations influenced by economic policies or EU directives, advancements in technology requiring increased R&D support, and Italy’s strategic focus on areas like green energy and digital transformation.
