In 2023, France's scientific research and development output stood at 80.38 billion Euros. Forecasts indicate a steady increase over the next five years: 81.93 billion Euros (2024), 84.51 billion Euros (2025), 87.06 billion Euros (2026), 89.58 billion Euros (2027), and 92.08 billion Euros (2028). This represents year-on-year growth rates of 1.93% (2024), 3.16% (2025), 3.01% (2026), 2.89% (2027), and 2.79% (2028). Analyzing the overall trend, the Compound Annual Growth Rate (CAGR) suggests an average annual growth of approximately 2.77% during the forecasted period.
Future trends to watch include increased government funding, advances in technology that may accelerate innovation, and the impact of EU research initiatives. The development of AI and biotechnology sectors may further boost growth in scientific research and development.
