Business expenditure on R&D in telecommunications in Finland has seen fluctuations over the past decade. Starting from 0.76 units in 2013, there was a peak in 2014 at 0.82 units followed by alternating increases and drops. Notable declines occurred in 2017 and 2018. Interestingly, post-2019, a modest recovery was observed until 2020. However, 2021 and 2022 saw a leveling off at 0.65 units, which persisted into 2023. Moving forward, the forecast anticipates a slight decrease to 0.64 units, remaining stable through 2028.
Year-on-year variation:
- 2013: 43.4%
- 2014: 7.89%
- 2015: -4.88%
- 2016: 1.28%
- 2017: -16.46%
- 2018: -9.09%
- 2019: 10%
- 2020: 10.61%
- 2021: -10.96%
- 2022: 0%
- 2023: 0%
Average annual variation (CAGR) over the last five years: 1.61%
Key Future Trends to Watch:
- The anticipated stabilization of R&D expenditure from 2024 onwards at 0.64 units indicates a plateau in investment activities unless disrupted by impactful technological advancements or policy interventions.
