Forecast: Government Expenditure on R&D in Social Sciences, Humanities, and the Arts in the UK

In 2023, the UK government expenditure on R&D in Social Sciences, Humanities, and the Arts was £2.20 billion. Forecast data from 2024 to 2028 shows a steady increase. Year-on-year, there's an average growth rate of about 7.4%, suggesting consistent investment increases in these areas. Projecting from this pattern, from 2024 to 2028, the five-year CAGR stands at 6.7%. This highlights the government's commitment to enhancing research capabilities.

Future trends to watch for include:

  • Impact of government policy changes and shifts in funding priorities affecting R&D areas.
  • Potential influence of economic conditions on funding sustainability and allocation.
  • Integration of technology and innovation in social sciences and humanities research.

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