In 2023, Germany's government expenditure on R&D in natural sciences and engineering stood at 16.45 billion Euros. The forecasted trend from 2024 to 2028 shows a consistent annual increase, with expenditures rising from 17.33 billion Euros in 2024 to 20.86 billion Euros in 2028. The year-on-year variation highlights a growth rate of approximately 5.15% for 2024-2025, 4.88% for 2025-2026, 4.61% for 2026-2027, and 4.35% for 2027-2028. The compound annual growth rate (CAGR) over this period is estimated at around 5.05%.
Future trends to watch include:
- Increased focus on sustainable technologies and digitalization within R&D sectors.
- Potential shifts in funding priorities responding to geopolitical or economic changes.
- Impact of governmental policies aimed at boosting economic recovery post-pandemic.
- Possibly greater collaboration with international partners to enhance innovation capabilities.
