In 2024, intramural R&D expenditure in the US government sector is forecasted to be 171.3 Euros per capita, showing slight increases each year, reaching 172.05 Euros by 2028. This represents a very modest year-on-year growth with an annual average growth rate (CAGR) of approximately 0.14% over five years from 2024 to 2028.
Future trends to watch for:
- Potential shifts in government budget allocations that could significantly influence R&D expenditure trends.
- The impact of technological advancements and innovation on R&D funding requirements.
- Policy changes that might prioritize or deprioritize certain research areas, affecting overall spending.