The forecasted government expenditures on R&D in economic affairs in France indicate a steady decline from 2024 to 2028. In 2023, actual expenditure stood at a higher point than predicted for subsequent years. The year-on-year decline starts at approximately 2.4% from 2024 to 2025, continuing at similar rates through 2028, ultimately reflecting a compounded annual growth rate (CAGR) of approximately -2.5% over the five years. This consistent downward trend suggests a potential reduction in government prioritization of R&D expenditures or possible budget reallocations.
Future trends to watch for include:
- Potential policy shifts impacting R&D budgets post-2028, should economic conditions or governmental priorities change.
- Influence of private sector partnerships or investments that could offset public expenditure declines.
- Technological breakthroughs or societal needs that might necessitate increased R&D funding.
