In 2023, Japan's Gross Domestic Expenditure on R&D per capita was slightly below $1.47 thousand USD PPP. Forecasted data from 2024 to 2028 anticipates a steady annual increase of approximately 1.36% year-over-year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is consistently forecasted to be around 1.36%, indicating stable growth in R&D investment on a per capita basis.
Future trends to watch for include technological advancements and governmental initiatives that may significantly alter or accelerate R&D investment growth. Additionally, global economic conditions and domestic priorities may affect future expenditure trends in this sector.
