In 2023, France's government expenditure on R&D stood at 7.43 billion US dollars purchasing power parity (PPP), constant. The forecast for 2024 to 2028 maintains a stable trend, with expenditures slightly declining to 7.42 billion from 2026 onwards. This reflects a negligible average compound annual growth rate (CAGR) over the five-year period. The consistency in funding shows a commitment to maintaining investment levels, despite not increasing them.
Future trends to watch for:
- Potential shifts in government prioritization of R&D sectors, such as technology and green innovation.
- The impact of broader European Union R&D policy and funding strategies.
- Influence of global economic conditions on public R&D budgets.