In 2023, Germany's government budget allocation for Research and Development (R&D) in the general advancement of knowledge stood at 50.45 billion US dollars PPP. From 2024 to 2028, projections indicate a steady growth, with allocations expected to rise from 51.64 to 56.72 billion US dollars PPP. The year-on-year growth rates suggest consistent increases, while the Compound Annual Growth Rate (CAGR) over this period is projected to show moderate expansion.
Future trends to watch for include:
- Potential shifts in budget priorities due to economic changes or political shifts.
- Impact of emerging technologies on R&D funding needs.
- Global collaboration and competition affecting R&D dynamics in Germany.