In Belgium, R&D capital costs as a percentage of GDP are projected to steadily increase from 0.35% in 2024 to 0.39% by 2028. This consistent upward trend indicates a 2.86% year-on-year increase, marking a sustained focus on innovation and research investment.
In 2023, the actual R&D capital costs stood at 0.34% of GDP. This suggests a 2.94% increase in 2024, followed by steady annual growth rates over the forecast period. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.79%.
Future trends to watch for include potential policy changes that could affect R&D funding, international economic conditions impacting GDP, and technological advancements driving further investment. Monitoring these factors will be crucial for long-term strategic planning in the R&D sector.
