Forecast: Private Non-Profit Expenditure on R&D in the US

The private non-profit expenditure on R&D in the US is expected to steadily grow from 2024 to 2028, starting at $25.91 billion and reaching $27.59 billion in constant PPP terms. The growth represents annual percentage increases of approximately 1.66% from 2024 to 2025, 1.63% from 2025 to 2026, 1.53% from 2026 to 2027, and 1.51% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 stands at about 1.58%.

Looking forward, key trends to watch include increasing commitment to innovation in non-profit sectors, shifts in funding priorities due to technological advancements, and potential fiscal policy changes that could impact R&D allocations. Monitoring these factors will be crucial for anticipating future adjustments in spending patterns.

Top Countries about Research And Development