In 2023, Germany's government expenditure on R&D in all sectors stood at 18.54 billion Euros, reflecting a consistent increase over the years. From 2024 onwards, the forecasted figures reveal a healthy year-on-year growth, with government spending expected to rise from 19.37 billion Euros in 2024 to 22.88 billion Euros by 2028. This represents a compound annual growth rate (CAGR) of approximately 4.23% for the period from 2023 to 2028, indicating sustained investment in research and development.

Future trends to watch for:

An emphasis on digital transformation and green technology may drive further increases in R&D spending.
Potential shifts in budget allocations based on geopolitical developments or economic conditions.
Increased collaboration between public and private sectors in funding R&D initiatives.