The forecast for France's government budget allocations for R&D as a percentage of GDP shows a slight declining trend from 0.71% in 2024 and 2025 to 0.69% by 2028. Notably, this series begins from an actual figure of 0.72% in 2023. The year-on-year change remains stable for the initial years but slightly declines in later years. The compound annual growth rate (CAGR) over this period reflects a modest negative trend, indicating a gradual decrease in R&D investment relative to GDP.

Future trends to watch for:

Increased focus on sustainable and green technologies that may influence R&D priorities.
Potential policy shifts due to economic conditions and political changes that may impact funding.
The influence of global competition on domestic R&D spending strategies.