The forecast for business enterprise expenditure on R&D in Germany's total services sector as a percentage of GDP shows a modest upward trend from 2024 to 2028. The value is forecasted to increase from 0.36% in 2024 to 0.39% in 2028. Compared to 2023, when the percentage value stood at 0.35% of GDP, this reflects a gradual year-on-year increase.
The year-on-year growth is expected to maintain a steady pace of approximately 0.01 percentage points annually, resulting in a compound annual growth rate (CAGR) of about 1.67% over the five-year forecast period.
Future trends to watch for include:
- Potential impacts of policy changes on R&D expenditure in the services sector.
- Technological advancements that might alter the trajectory of R&D investments.
- Global economic factors influencing Germany's GDP and, consequently, R&D spending ratios.