In 2023, Egypt's higher education expenditure on R&D stood at 0.54% of GDP. For the forecasted period from 2024 to 2028, there is a consistent year-on-year increase in expenditure, starting from 0.56% in 2024 and reaching 0.62% by 2028.
Key variation percentages are as follows:- 2024 to 2025: 3.57% increase- 2025 to 2026: 1.72% increase- 2026 to 2027: 3.39% increase- 2027 to 2028: 1.64% increase
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.85%, indicating a steady investment growth in higher education R&D relative to GDP.
Future trends to watch for:- Government policies that further incentivize R&D expenditure - Potential partnerships with international research institutions- Increased focus on technology and innovation sectors in higher education- Economic and political stability impacting funding allocation - Private sector investment in conjunction with public funding for R&D
