The scientific research and development sector in Chile has shown a steady increase in the number of employees over the past decade. As of 2023, the sector employs 6.83 thousand individuals. The sector experienced considerable growth between 2013 and 2016, with a notable year-on-year increase of 14.8% in 2016. However, from 2017 onwards, the growth rate stabilized to an annual average of around 2.26%. The last five years up to 2023 saw a compounded annual growth rate (CAGR) of 2.31%.
Looking ahead, the forecasted data from 2024 to 2028 indicates a slower growth rate, with a 5-year CAGR of 1.5%, achieving an expected workforce size of 7.51 thousand employees by 2028.
Future trends to watch for:
- Impact of technological advancements and digital transformation on workforce requirements.
- Government policies and funding initiatives to boost research and development.
- Global collaborations and partnerships in scientific research influencing employment dynamics.