In 2023, the civil budget on R&D in France was at 91.86% of Total GBARD. Moving forward, the forecasted data for 2024 through 2028 shows a steady increase from 92.49% in 2024 to 95.04% in 2028.
Year-on-year analysis reveals minor incremental increases: 0.69% from 2024 to 2025, 0.69% from 2025 to 2026, 0.69% from 2026 to 2027, and 0.67% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is 0.85%.
Future trends to watch for include:
- Government policies impacting R&D investments, possibly increasing budget allocations.
- Technological advancements driving necessary increases in research funding.
- Potential economic factors influencing budget adjustments throughout the forecast period.