The intramural R&D expenditure in the UK higher education sector as a percentage of GDP is projected to remain constant at 0.4% from 2024 to 2028. In 2023, this figure also stood at 0.4%, indicating no expected growth or decline over this forecasted period. The year-on-year variation reflects complete stability, with zero percent change anticipated annually, resulting in a compound annual growth rate (CAGR) of zero over the five-year span from 2024 to 2028.
Future trends to watch for in the higher education sector's R&D expenditure might include potential policy changes, increased private sector involvement, or funding shifts that could influence R&D activities. Emerging technologies and international collaborations could also impact expenditure levels and priorities.
