Forecast: Government Expenditure on R&D in the US

The forecast for the US government expenditure on R&D from 2024 to 2028 indicates a slight decline. It remains stable at 0.27% of GDP from 2024 to 2026, then decreases to 0.26% in 2027 and 2028. In 2023, this expenditure was slightly higher at 0.28% of GDP. No significant year-on-year percentage variation is observed during this forecast period, pointing towards stable investment levels relative to the nation's GDP.

Future trends to watch for include potential shifts in political priorities, economic conditions, and innovation demands that could affect government spending. Global technological competition and policy changes could also play significant roles in influencing future R&D funding.

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