In 2023, France's business enterprise expenditure on R&D was approximately 54 billion US dollars PPP. From 2024 to 2028, there is a steady year-on-year growth in R&D expenditure, rising from 55.49 billion USD in 2024 to 61.61 billion USD in 2028, translating to consistent annual growth rates of around 2-3%. The Compound Annual Growth Rate (CAGR) for this period is estimated to be slightly above 2%.

Future trends to watch for:

Continued investment in technology and innovation sectors to drive economic growth.
Government policies potentially influencing R&D spending, including tax incentives.
Impact of global economic conditions on R&D budgets of enterprises.