Based on the forecasted R&D Budget for Defence in Norway from 2024 to 2028, we observe a gradual decrease from 3.04% of Total GBARD in 2024 to 2.82% in 2028. The year-on-year variation showed slight declines: -2.0% from 2024 to 2025, -1.7% from 2025 to 2026, and -2.0% from 2026 to 2027, and -1.7% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period indicates a consistent annual decrease of approximately -1.9%.
Future trends to watch for include potential changes in defense priorities influenced by geopolitical dynamics, technological advancements, or shifts in government policy. These factors could impact the allocation of the R&D budget, either stabilizing the decrease, causing expansion, or further contraction depending on the evolving national strategy and international circumstances.
