In 2023, Higher Education Expenditure on R&D in France stood at 130.75 Million USD PPP, Constant. Forecasted data for subsequent years indicate a steady increase: 132.49 Million in 2024, 134.29 Million in 2025, 136.08 Million in 2026, 137.86 Million in 2027, and 139.63 Million in 2028. This reflects year-on-year growth rates as follows: 1.33% for 2024, 1.36% for 2025, 1.34% for 2026, 1.31% for 2027, and 1.28% for 2028, with a compound annual growth rate (CAGR) of approximately 1.32% from 2024 to 2028.
Future Trends to Watch:
- Increased allocation to digital transformation and advanced research technologies.
- Evolving partnership between universities and private sectors for collaborative R&D efforts.
- Focus on sustainability and green technologies in R&D initiatives.
- Growing prioritization of STEM (Science, Technology, Engineering, Mathematics) disciplines.
- Impact of global economic fluctuations on funding and expenditure.