Forecast: Higher Education Expenditure on R&D Financed by Government in Finland

In 2024, the forecasted higher education expenditure on R&D financed by the government in Finland stands at 73.89% of Total HERD. This marks the beginning of a projected slight yearly decline: 2025 at 73.45%, 2026 at 73.01%, 2027 at 72.58%, and 2028 at 72.14%. Compared to the previous year (2023), this forecast indicates a consistent but gradual decrease in governmental funding proportion for higher education R&D.

Over the last two years (2024-2025), the year-on-year variation shows a decrease of approximately 0.6%, whereas the average annual decline over the five-year forecast period (2024-2028) yields a CAGR of about -0.6%.

Future trends to watch include potential adjustments in governmental budget allocations, shifts in policy focus towards other innovation sectors, and broader economic impacts that might influence these funding trajectories. Monitoring for any policy changes or economic shifts will be crucial in forecasting future trends beyond 2028.

Top Countries about Higher Education