In 2023, France's government expenditure on R&D experienced a year-on-year growth, setting a positive baseline for future forecasts. From 2024 to 2028, the expenditure is projected to stabilize with minor fluctuations, marking a slight decline beginning in 2026 at 0.16 for the forecast period. The constant values in 2024 and 2025, followed by a reduction in 2026, suggest a cautious approach to R&D investment over the next five years, averaging a marginal annual contraction.
Future trends to watch for:
- The impact of macroeconomic factors on government budgeting for R&D.
- Potential shifts in policy priorities that could either bolster or further limit R&D spending.
- Public-private partnerships that might drive additional investment in critical research areas.