Forecast: Business Enterprise R&D Expenditure in Research and Experimental Development on Social Sciences and Humanities in the UK

The business enterprise R&D expenditure on Social Sciences and Humanities in the UK is projected to steadily increase from its 2023 level by 2028. The figures indicate a consistent upward trend, with a year-on-year growth rate of approximately 3.62% from 2024 to 2028. The five-year compound annual growth rate (CAGR) reflects a sustainable increase in investment, highlighting a positive outlook for this sector. These increments demonstrate a stable commitment to funding research in these disciplines.

Future trends to watch for include:

  • Potential shifts in research funding priorities, especially post-2028.
  • Impact of political and economic changes on R&D investments.
  • Influences from technological advancements and globalization on research focuses.
  • Development of interdisciplinary approaches in Social Sciences and Humanities research.

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