In 2023, Italy's Business Enterprise Expenditure on R&D was approximately 25.1 billion US Dollars PPP. The forecasts from 2024 to 2028 show a consistent increase, with values reaching 27.95 billion. Year-on-year variation indicates modest growth, increasing from 2.1% to 1.8% by 2028, demonstrating stable but slowing growth as years progress. The compound annual growth rate (CAGR) over the five-year forecast period stands at approximately 1.9%, reflecting steady growth in business investment in R&D activities.
Future trends to watch include the impact of digital transformation, increased focus on sustainability, and the potential influence of geopolitical factors on R&D expenditures. These elements may drive diversification and intensification of R&D efforts across sectors.
