Forecast: Scientific Research and Development Output in Norway

As of 2023, the output of scientific research and development in Norway stood at 43.50 billion NOK. The forecasts for subsequent years show a steady growth: 45.75 billion in 2024, 49.38 billion in 2025, 52.98 billion in 2026, 56.55 billion in 2027, and 60.07 billion in 2028. This indicates a strong, consistent upward trend in the sector's output. The year-on-year percentage growth has been robust, reflecting an average annual growth rate (CAGR) of approximately 6.6% over this period.

Future trends to watch for include increased investment in AI and machine learning research, advancements in clean energy technologies, and collaborative international research projects. Emerging fields such as biotechnology and environmental sciences are expected to drive further growth and innovation, reinforcing Norway's position as a leader in scientific research and development.

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