Between 2013 and 2023, Belgium's scientific research and development output showed significant overall growth, reaching 6.07 billion euros as of 2023. The compound annual growth rate (CAGR) over this decade was robust, averaging 8.6%, with notable year-on-year increases such as 26.36% in 2021 and 14.61% in 2015. While there was a slight dip in 2019 of -3.87%, the general trend remained upward. Over the past two years, the output grew at a consistent pace, increasing by 7.73% from 2022 to 2023.

Forecasts suggest that this growth will continue, with an estimated CAGR of 5.57% from 2024 to 2028, resulting in an overall increase of 31.13% over the period. By 2028, it is projected that the output will reach approximately 8.65 billion euros.

Future Trends:

Continued investment in cutting-edge technologies, such as AI and quantum computing, may drive future growth.
Government funding initiatives and partnerships with private companies could further stimulate advancements.
Attention to sustainable and green technologies may shape research priorities.