The forecast for gross domestic expenditure on R&D in the US shows a steady increase from 2024 to 2028, with values gradually rising from 3.6% to 3.69% of GDP. For context, in 2023, the R&D expenditure was about 3.5% of GDP, indicating a moderate but consistent growth trend. The year-on-year variation reflects a slight increase of approximately 0.03% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) mirrors a similar conservative growth, pointing to a stable R&D investment environment.
Future trends to watch for include technological advancements, policy changes, and shifts in global economic conditions that could impact R&D funding. Monitoring how these factors influence private sector investments and government commitments will be crucial to understanding the trajectory of R&D expenditure.
