In 2023, Italy's higher education expenditure on R&D was approximately 8.06 billion USD in constant PPP terms. Forecast data from 2024 to 2028 show a steady increase in expenditure, rising from 8.12 billion USD in 2024 to 8.36 billion USD in 2028. Year-on-year percentage variations reveal a consistent annual growth of about 0.74% from 2024 to 2025, and similar rates through to 2028. Over these five forecasted years, the compound annual growth rate (CAGR) stands at approximately 0.74%.
Future trends to monitor include:
- Government policy changes or increased funding affecting R&D expenditure.
- Impact of technological advancements on the research landscape.
- Italy's broader economic conditions, which could influence funding priorities.
