Forecast: Higher Education Expenditure on R&D in Finland

In 2023, higher education expenditure on R&D in Finland stood at 2.20 billion USD PPP. The forecast for the subsequent years indicates a steady growth trajectory, with expenditures increasing to 2.37 billion USD PPP by 2026, and ultimately reaching 2.48 billion USD PPP by 2028. Year-on-year percentage growth has been modest but consistent, highlighting a stable commitment to R&D investment. Specifically, there was a 2.74% increase from 2024 to 2025, a 2.16% increase from 2025 to 2026, and a further 2.12% increase from 2027 to 2028.

Looking at the average compound annual growth rate (CAGR) over the five-year span from 2024 to 2028, the higher education R&D expenditure in Finland reveals a steady growth rate, emphasizing a sustained policy focus towards innovation and research development.

Future trends to watch for include the potential impact of global economic conditions on funding availability, evolving government policies on education and research, and the role of technological advancements in driving efficiencies and new areas of research investment.

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