The forecast for Japan's gross domestic expenditure on R&D indicates a consistent decline from 0.19 in 2024 to 0.10 in 2028. This trend reflects a year-on-year decline of approximately 15.8% from 2024 to 2025, and a further average annual decrease of about 14.4% through 2028. In comparison, R&D expenditure stood at 0.22 in 2023, underscoring a declining trend.
Future trends to watch for:
- Impact of decreasing R&D investment on innovation and technology sectors.
- Potential policy changes aimed at reversing the decline.
- Shifts in industry focus towards more sustainable R&D efforts.