Investment in R&D in Belgium stood at 3.0% of GDP in 2023. Forecasted data indicates that this investment will stabilize at 3.1% from 2024 to 2026, before a slight increase to 3.2% in 2027 and 2028. The year-on-year variation for 2024, 2025, and 2026 is zero, signifying no change. However, the period starting in 2027 shows a modest growth of approximately 3.2% compared to the preceding years. The Compound Annual Growth Rate (CAGR) over the past five years reflects minimal fluctuations, indicating a stable investment environment in R&D.
Future trends to watch for include potential increases in government or private sector funding that could push the percentage of GDP spent on R&D higher. Continued economic stability and incremental policy changes in favor of technological and scientific advancements could foster more significant growth in the R&D sector.
