Investment in R&D in Denmark has shown consistent growth over the past decade. From 2013 to 2023, the value, expressed as a percentage of GDP, increased from 2.8% to 3%. Since 2017, incremental growth has been more evident, culminating in a year-on-year increase of 3.45% in 2022 and stabilization at 3% in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 stands at 0.68%. Looking ahead, the forecasted CAGR from 2024 to 2028 is approximately 0.66%, with a forecasted growth rate of 3.33% by 2028.

Trends to watch for:

Continued steady increase in R&D investment relative to GDP.
Potential impact of global economic conditions on R&D funding.
Government initiatives and policies supporting innovation and technology.
Emerging sectors driving R&D investments, such as green technology and digital innovation.