In 2023, Germany's government expenditure on R&D in engineering and technology was approximately 5.9 billion USD PPP. From 2024 to 2028, the forecast data show a steady increase from 6.1 to 6.89 billion USD PPP. The year-on-year growth is consistently stable, reflecting a positive trend. Over the five-year forecast period, the compound annual growth rate (CAGR) is notable, indicating sustained investment in innovation.
Future trends to watch for include the impact of technological advancements and policy shifts on funding allocation, as well as potential economic factors that may influence government spending priorities in this sector.
