The forecast for private non-profit expenditure on R&D in Japan from 2024 to 2028 shows a steady decline from $2.14 billion in 2024 to $2.09 billion by 2028, expressed in Billion US Dollars PPP. This downward trend reflects a consistent year-on-year decrease. In 2023, the expenditure stood at a slightly higher figure, given that the decline begins in 2024. The compound annual growth rate (CAGR) over this five-year period demonstrates a small negative trend, indicating reduced investment in this sector annually.
Future trends to watch for include shifts in government policies affecting funding, changes in non-profit organization priorities, or macroeconomic factors that may cause fluctuations in R&D investments. Additionally, the emergence of new technology sectors might spur changes in expenditure patterns.
