In 2023, Germany's government expenditure on R&D stood at 25.00 billion USD PPP. Forecasts for the period from 2024 to 2028 indicate a consistent upward trend, with projected annual values reaching 30.35 billion USD PPP by 2028. Over this period, the compound annual growth rate (CAGR) is approximately 3.75%, reflecting steady investment growth in research and development.
Key trends to watch:
- Increased focus on cutting-edge technologies such as AI, clean energy, and biomedical research could drive further R&D investments.
- Policy changes or economic conditions could influence future budget allocations, altering the projected growth trajectory.
