The forecast for UK higher education expenditure on R&D in the Humanities and the Arts from 2024 to 2028 shows a stable trend, remaining around 2.37 to 2.38 billion USD PPP. The value for 2024, at 2.38 billion USD, follows the steady figure seen in 2023. The projections indicate a negligible year-on-year decline leading to 2025 and retaining this level into 2027, with a slight dip to 2.36 billion USD by 2028. Over the forecasted period, the compound annual growth rate (CAGR) shows stagnation with minimal fluctuations.

Future trends to watch for in this sector include:

The impact of digital humanities and technological advancements on R&D expenditure.
Potential shifts in funding priorities due to changing government policies or economic conditions.
Growing interdisciplinary research initiatives that could influence expenditure trends.