In the forecast period from 2024 to 2028, Brazil's energy public R&D budget remains steady at 0.05% of GDP. In 2023, the budget also stood at 0.05% of GDP, indicating a consistent priority on energy research investment over these years. The year-on-year variation shows no percentage change, reflecting a stable approach. The Compound Annual Growth Rate (CAGR) over the past five years for energy R&D as a percentage of GDP is 0%, underscoring this steadiness.
Future trends to watch for include:
- Potential shifts in government policy or economic conditions that could impact the R&D budget allocation in response to global trends.
- Evolving technological advances in renewable energy and how they might influence future energy R&D priorities and funding in Brazil.
