From 2013 to 2023, Brazil's Gross Domestic Expenditure on R&D financed by the government has exhibited a highly variable trend, with values fluctuating between 0.61 and 0.70. The initial years showed some growth, such as an 11.46% increase in 2013, but this was followed by several years of decline and small gains. The five-year period up to 2023 had a modest CAGR of 0.51%. Specifically, the year-on-year variation from 2022 to 2023 was stable at 0.16%. Forecasts from 2024 to 2028 suggest a steady state at 0.63, with a negligible five-year CAGR of 0.12%.
Future trends to watch for include the potential impacts of economic policy changes, shifts in government priorities, and investments in technology and innovation. Monitoring the global competitive landscape and Brazil's alignment with international R&D standards could also provide insights into future expenditure adjustments.
