In 2023, Italy's Gross Domestic Expenditure on R&D as a percentage of GDP stood at 1.47. The data from 2024 to 2028 shows a gradual increase in expenditure: 1.49% in 2024, rising to 1.54% by 2028. The year-on-year growth ranges from 0.67% to 1.32%, indicating a consistent upward trend. The compound annual growth rate (CAGR) over these five years is approximately 0.94%, reflecting a steady but modest increase in R&D investment relative to GDP.
Future trends to watch include the influence of government policies on R&D funding, private sector innovation initiatives, and Italy's participation in international research collaborations, all of which could impact R&D growth rates and priorities.
