The Research and Development (R&D) budget for security in Turkey has experienced significant fluctuations over the past decade. Starting at 0.096 units of GDP in 2013, it saw a drastic year-on-year decline and subsequent fluctuations. By 2023, the value stood at 0.05 units of GDP, marking a 22.37% decrease from the previous year. The last five-year compound annual growth rate (CAGR) shows an overall decline of 6.5%. The forecasted data suggests a continued gradual decline, with a negative forecasted CAGR of 1.67% over the next five years, resulting in a projected 8.06% decrease by 2028.
Future trends to watch for include shifts in government policy towards cybersecurity, technological advancements in the security sector, and macroeconomic factors that may impact R&D budget allocations. Additionally, geopolitical tensions and global cybersecurity incidents could influence the country's investment in security-related R&D.
