The Gross Domestic Expenditure on R&D in the US as a percentage of GDP is forecasted to see a consistent annual increase from 2024 to 2028, incrementing by 0.01 each year. This upward trend reflects a steady growth trajectory in the nation's commitment to R&D investment relative to its economic output.
- In 2023, the figure stood at 2.89% of GDP.
- Year-on-year variation is nominal, at approximately 0.34% from the previous year for 2024.
- The Compound Annual Growth Rate (CAGR) over the past five years is minimal at 0.17%.
Future trends to watch for include potential policy changes or economic conditions impacting R&D funding, technological advancements influencing investment patterns, and international competitiveness in innovation spending.
