The expenditure on higher education R&D in the UK, expressed as a percentage of GDP, is projected to increase modestly from 0.68% in 2024 to 0.71% by 2028. This indicates a steady year-on-year growth, with increments of 1.47% in 2025, zero change in 2026, and approximately 1.49% in 2027. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated at 1.10%.
Future trends to watch for include potential disruptions or accelerations due to changes in government policy, technological advancements, and global economic conditions. A focus on innovation and digital transformation may further alter R&D investment priorities.
