In 2023, civil government budget allocations for R&D for general university funds in France were at 6.63 billion USD PPP. The forecast for 2024 to 2028 shows a steady increase, with annual values rising from 6.77 to 7.35 billion USD PPP. Year-on-year growth from 2023 to 2024 is expected to be approximately 2.1%, with a consistent increase averaging around 2.1% each year through 2028. The compounded annual growth rate (CAGR) over the five-year period is projected to be around 2.08%.
Future trends to watch include potential policy shifts influencing R&D funding, which could accelerate or decelerate growth, and the impact of economic conditions on budget commitments. Monitoring technological advancements and their requirements for university research could also play a crucial role in shaping future allocations.
