The Higher Education Expenditure on R&D in Italy stood at 9.03 thousand US Dollars PPP in 2023. The forecasted data for the subsequent years indicate a steady increase: from 9.22 in 2024 to 9.71 in 2028. Year-on-year percentage variation shows incremental growth, with a notable consistency. Specifically, the expenditure is projected to increase by approximately 1.41% from 2024 to 2025, and by similar margins in the following years, indicating a healthy growth trajectory. The compound annual growth rate (CAGR) over the last five years stands at an average of 1.45%.
Future trends to watch for include the impact of governmental policy changes and funding allocations on R&D, as well as the potential influence of technological advancements and international collaborations which can either accelerate or moderate this growth trend.