Forecast: Government Expenditure on R&D in France

As of 2023, actual government expenditure on R&D in France stood at 9.32 billion USD PPP. From 2024 onward, the forecasted values show a steady increase: 9.45 billion USD PPP in 2024, gradually reaching 9.97 billion USD PPP by 2028. The year-on-year growth indicates a consistent upward trend, reflecting stable commitment to R&D funding over time. Specifically, annual increases are approximately 1.38% to 1.44% from 2025 to 2028.

The Compound Annual Growth Rate (CAGR) for the five-year period from 2024 to 2028 is expected to be around 1.38%, indicating moderate but sustained growth.

Future trends to watch for include:

  • Potential impacts of economic shifts or policy changes on R&D budgets.
  • The influence of innovation needs in strategic sectors like technology and green energy.
  • Opportunities for increased international collaboration and funding synergies.

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