The forecast for Brazil's Gross Domestic Expenditure on R&D shows a steady but modest increase from 2024 to 2028, with expenditure rising from 38.91 billion USD PPP in 2024 to 40.63 billion USD PPP in 2028. Compared to 2023, this represents a consistent upward trend. The year-on-year growth rate remains around 1-2%, reflecting cautious optimism in R&D investment. The compound annual growth rate (CAGR) over these forecasted years averages slightly below 1.1%, suggesting gradual development in R&D expenditure.
Future trends to watch for include shifts in governmental and private sector funding priorities, potential economic fluctuations impacting R&D investment, and Brazil's strategies to boost innovation-led growth. Monitoring international collaborations and emerging tech sectors will also provide insight into the trajectory of R&D funding.
