Forecasted expenditure on R&D by higher education institutions in Malaysia is projected to show a steady incremental rise as a percentage of GDP, growing from 0.55% in 2024 to 0.6% in 2028. This represents a consistent year-on-year increase of approximately 1.8% to 2.0%. Over the past two years, there has been a noticeable upward trend in investment, suggesting a strong governmental or institutional commitment to enhancing R&D capabilities.
Future trends to watch for include potential policy changes affecting R&D funding, collaboration between universities and industry players, and the impact of global economic conditions on Malaysia's GDP. Monitoring these factors will be crucial for understanding potential deviations from the forecasted growth trajectory.
