According to the forecasted data, Sweden's R&D expenditure as a percentage of GDP is expected to remain relatively stable from 2024 through 2028, showing a slight increase from 3.42% in 2024-2026 to 3.43% in 2027-2028. In the previous year, 2023, the actual value stood at 3.4% of GDP. This indicates a very modest year-on-year increase of approximately 0.29% in 2027 and 2028 compared to the earlier years. The compound annual growth rate (CAGR) over the forecasted period suggests a minimal average annual increase.
Future trends to watch for include potential shifts due to technological advancements, policy changes, and increased private sector investments. These factors could drive more significant changes in R&D expenditure beyond 2028.
