The forecasted R&D expenditure in Türkiye shows a consistent upward trend from 1.57% of GDP in 2024 to 1.77% in 2028. Compared to the actual 2023 value of 1.52% of GDP, the year-on-year percentage variations for 2024 and 2025 are approximately 3.29% and 3.18%, respectively. The CAGR over the five-year period is approximately 2.98%.
Future trends to watch for include:
- Government policies and incentives to boost innovation
- Private sector investment in cutting-edge technologies
- International collaborations and partnerships in R&D
- Impact of educational reforms on the scientific workforce
- Global economic conditions affecting R&D budgets
