In 2023, Italy's government allocated 21.9 billion USD PPP for R&D. The forecast for 2024 to 2028 shows an increasing trend reaching 29.75 billion by 2028. The year-on-year growth rates are 6.8% between 2024-2025, 6.3% from 2025-2026, 5.9% between 2026-2027, and 5.5% from 2027-2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 6.5%.
Future trends to watch include changes in funding priorities, such as increased focus on green technologies and digitalization, as well as potential impacts from economic fluctuations or policy shifts affecting governmental R&D investments.
