The Gross Domestic Expenditure on R&D per capita in Canada is forecasted to show a consistent upward trend from 2024 to 2028. The forecast indicates an average annual increase of around 1% between 2024 and 2028 in USD PPP per capita, starting from 840.01 in 2024 and reaching 867.64 by 2028. In 2023, the value stood at 832.43, marking a stable growth trajectory focusing on innovation and technological advancement.

Future trends to watch for include:

Potential impacts of global economic conditions on R&D spending.
Federal and provincial policies fostering innovation and investment in technology.
Industry-specific R&D developments, particularly in high-tech and green technology sectors.
Increased collaboration between academia and the commercial sector to enhance research outputs.