The production value in the Scientific Research and Development sector in Chile is forecasted to grow steadily from 2024 to 2028, starting at 266.05 billion Chilean Pesos in 2024 and reaching 307.32 billion Chilean Pesos by 2028. Compared to the previous year, the sector demonstrated consistent growth. The year-on-year growth rates are as follows: 4.0% in 2024-2025, 3.8% in 2025-2026, 3.6% in 2026-2027, and 3.3% in 2027-2028. Over the past five years, the average compound annual growth rate (CAGR) stands at approximately 3.7%.
Future trends to watch for include increased investment in R&D activities, support from government policies, and the development of new technologies and innovation hubs. The sector may also experience growth from collaborations with international research institutions and private sector partnerships, driving further advancements and economic contributions.
