Data:
- 2024: $5.05 Billion USD PPP
- 2025: $5.21 Billion USD PPP
- 2026: $5.37 Billion USD PPP
- 2027: $5.53 Billion USD PPP
- 2028: $5.69 Billion USD PPP
Year-on-Year Variation:
- 2025: 3.17%
- 2026: 3.07%
- 2027: 2.98%
- 2028: 2.90%
Compound Annual Growth Rate (CAGR): 3.03%
The data indicates a consistent growth trend in higher education expenditure on R&D in Malaysia, with an average annual increase of approximately 3.03% over the next five years. Future trends to watch include potential changes in government policy, international collaborations, and private sector investments which may impact these forecasts.