In 2023, Germany's government R&D expenditure stood at 21.70 billion US dollars PPP. The forecast indicates a consistent year-on-year increase in spending from 2024 through 2028, portraying an optimistic growth trajectory. The projected growth rates signify increased investment with a compound annual growth rate (CAGR) of approximately 2.31% over this period.
Future trends to watch for include:
- The potential impact of economic fluctuations on government budget allocations for R&D.
- The influence of international technological advancements and collaborations on German R&D strategies.
- Potential shifts in policy direction, favoring green technologies and digital innovation sectors.