In 2024, Japan's private non-profit expenditure on R&D in Social Sciences, Humanities, and the Arts is projected at 78.54 million USD PPP, showing a decreasing trend from 2023’s figures, continuing downwards to 53.88 million USD PPP by 2028. The year-on-year expenditure from 2024 to 2028 indicates a significant decline, with noticeable reductions each year. This downward trajectory reflects a compound annual growth rate (CAGR) that suggests a consistent and progressive reduction in investment over the five-year horizon from 2024.
Future trends to watch for include shifts in government policy that could affect funding, potential economic factors impacting private non-profit funding, and new technological or research developments that might rejuvenate investment in these fields.
