Government expenditure on R&D in Social Sciences, Humanities, and the Arts in the UK is forecasted to increase from $3.56 billion in 2024 to $4.67 billion by 2028. The projected annual growth rates are as follows: 7.87% from 2024 to 2025, 7.29% from 2025 to 2026, 6.55% from 2026 to 2027, and 6.38% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for this period is approximately 7.02%. In 2023, actual government expenditure remained undisclosed in this data set.
Future trends to watch for include potential policy shifts that could either boost or constrain funding, particularly in the context of broader economic conditions. Additionally, evolving societal challenges and technological advancements may require reassessments of funding priorities within these disciplines.
