The scientific research and development sector in Chile has demonstrated steady growth. In 2023, the investment in this sector stood at 14.52 billion Chilean Pesos. The forecasted data suggests a consistent year-on-year increase: 2024 to 2025 sees a 1.43% increase, 2025 to 2026 a 1.40% rise, 2026 to 2027 a 1.32% growth, and 2027 to 2028 a 1.24% uptick. Over the five-year period from 2024 through 2028, the Compound Annual Growth Rate (CAGR) is approximately 1.35%.
Key future trends to monitor:
- Government policy changes impacting funding allocations.
- Global economic shifts affecting investment inflows.
- Technological advancements that may lead to increased investment requirements.
