In 2023, France's government budget allocation for R&D in the general advancement of knowledge stood at 15.35 billion USD (PPP, constant). The forecast from 2024 to 2028 shows a declining trend with allocations decreasing year-on-year from 15.08 billion USD in 2024 to 13.96 billion USD in 2028. This decline is marked by a CAGR of -2.36% from 2024 to 2028, indicating a sustained reduction in funding.

Future trends to watch for:

The impact of reduced funding on France's long-term research capabilities and global competitiveness in innovation.
Potential policy shifts or external economic factors prompting an increase in future budget allocations.
Increased involvement of private sector funding to counterbalance the government’s reduced investment.