In 2023, Japan's higher education expenditure on R&D was positioned just below 97.55 million USD PPP, constant. The forecast for the period 2024-2028 shows a steady increase, rising from 97.55 million USD in 2024 to 99.03 million USD by 2028. This reflects gradual year-on-year growth rates averaging around 0.4% annually. The compound annual growth rate (CAGR) for this five-year period stands at approximately 0.38%, indicating a modest upward trend in R&D investment.

Future trends to watch for include potential impacts of government policy shifts on R&D budgets, evolving international collaborations, and technological advancements that could drive changes in expenditure patterns. Additionally, monitoring Japan's economic performance will be crucial as it could influence funding allocations for higher education research and development.

2024: 97.55 million USD
2025: 97.95 million USD
2026: 98.33 million USD
2027: 98.68 million USD
2028: 99.03 million USD