The total intramural expenditure on R&D in all fields in Canada is forecasted to grow annually from 2024 to 2028. The projected values indicate an increase from $37.04 billion in 2024 to $40.39 billion by 2028. This upward trend reflects an average annual growth rate. Comparison with the 2023 figures is not possible due to the lack of data in the provided series. However, the continuous year-on-year increase suggests a robust investment landscape in the country's R&D sector.
Future trends to watch for include potential shifts in governmental funding policies, technological advancements impacting R&D productivity, and the influence of global economic conditions on R&D investments. These factors could significantly alter the projected growth trajectory beyond 2028.
