The Gross Domestic Expenditure on R&D (GERD) in Brazil is projected to see steady growth over the period from 2024 to 2028. In 2023, the GERD stood at 126.46 million USD PPP, constant. Analyzing the year-on-year variations, there is a consistent increase of roughly 0.44% each year from 2024 to 2028.
Key Points:
- 2024: 126.98 (0.41% increase from 2023)
- 2025: 127.54 (0.44% increase from 2024)
- 2026: 128.09 (0.43% increase from 2025)
- 2027: 128.62 (0.41% increase from 2026)
- 2028: 129.15 (0.41% increase from 2027)
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.42%, indicating moderate but stable growth in R&D expenditure.
Future trends to watch for include potential impacts of political and economic changes, government policies on R&D funding, and international collaborations or investments. Additionally, the performance of the educational and technological sectors could significantly influence future R&D expenditure in Brazil.
