In 2023, the Gross Value Added (GVA) for Scientific Research and Development in the Netherlands stood at 2.85 billion Euros. The forecasted data indicates a steady growth pattern over the next five years. In 2024, the GVA is projected to reach 2.9 billion Euros, reflecting an anticipated year-on-year growth of approximately 1.75%. For 2025, the value is expected to rise to 2.95 billion Euros, showing a similar growth rate. In 2026, the GVA is forecasted to hit 3.0 billion Euros, continuing the upward trend. By 2027, it is estimated to reach 3.06 billion Euros, and by 2028, the value is projected to be 3.11 billion Euros. This results in a Compound Annual Growth Rate (CAGR) of approximately 1.80% over the five-year period from 2024 to 2028.
Key future trends to watch for include:
- Increased government funding and initiatives to boost scientific research and development, which could accelerate growth.
- The impact of global economic conditions on funding and investment in R&D sectors.
- Technological advancements leading to efficient research methodologies, potentially increasing productivity and value addition.
