Forecast: Government Expenditure on R&D CAGR in France

The French government's expenditure on R&D is projected to grow with a consistent annual increase over the period from 2024 to 2028. Starting at 1.17% in 2024, it is expected to rise steadily to 1.30% by 2028. This growth reflects a commitment to enhancing innovation and technological progress, with an average year-on-year increase aligning closely with these values each year. Notably, between 2023 and 2024, the actual growth rate is unavailable, emphasizing the transition from past data to forecast.

Future trends to monitor include:

  • Policy changes impacting R&D funding priorities.
  • Technological advancements driving shifts in research focus.
  • EU-level cooperation on R&D initiatives influencing national expenditure.

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