In 2024, Malaysia's R&D expenditure is forecasted to be 0.84% of GDP, showing a stabilization compared to the 2023 level. The subsequent years indicate a slight decline: 0.82% in 2025, 0.81% in 2026, 0.8% in 2027, and 0.79% in 2028. The year-on-year variations show a consistent decrease around 2.4% annually over the forecasted period. The compound annual growth rate (CAGR) for the five years from 2024 to 2028 reflects a decrease of approximately 1.25% annually.

Future trends to watch for:

Potential policy changes that promote higher R&D investments.
Global economic conditions impacting national budget allocations.
Technological advancements requiring increased expenditure to remain competitive.