From 2013 to 2023, Higher Education Expenditure on R&D in Egypt shows a fluctuating trend, with an overall positive movement from 0.35% to 0.55% of GDP. This represents a 57.1% increase over the decade. The data reveals annual variations with significant increases notably in 2015, 2016, 2018, and moderate growth in 2020-2023. The expenditure on R&D has generally accelerated, with a steady growth rate in recent years, demonstrating a reinforced governmental commitment to higher education R&D.
Year-on-year variations between 2022 and 2023 showed an increase of 2.78%, while the average Compound Annual Growth Rate (CAGR) over the last five years was 2.18%. The future forecasts estimate a continued upward trend, with CAGR predicted at 1.89% from 2024 to 2028, suggesting sustained and stable investment in R&D.
Future trends to watch for:
- Further governmental policy support towards boosting R&D investment in higher education.
- Increased participation of private sector funding and international collaborations.
- Technological advancements driving more efficient and impactful research outcomes.
