The R&D budget for security in France fluctuated notably from 2013 to 2023, with significant ups and downs. After starting at 0.045 units of GDP in 2013, it hit peaks in 2017 and 2021, followed by a decline in 2022. By 2023, the budget stood at 0.058 units of GDP. The year-on-year variation in 2023 was a slight decrease of -2.93%, and the five-year CAGR up to 2023 was a moderate growth of 5.48%. The overall trend showcases a rise and fall pattern with average annual increases over five years.
Looking ahead, the forecast indicates a gradual decline in the R&D budget, with a year-on-year decrease and a five-year CAGR of -2.02%, signaling an overall reduction by 2028. Expected trends to watch include:
- Possible shifts in government priorities impacting R&D allocations.
- Economic factors influencing GDP and subsequent budgeting for R&D.
- Technological advancements necessitating increased future investments in security.
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