In 2023, the production of Scientific R&D in the Netherlands stood at 5.61 Billion Euros. Based on the available forecast data, the sector is expected to grow steadily over the next five years, reaching 6.13 Billion Euros by 2028.
The year-on-year growth rates are as follows:
- 2024: 1.96%
- 2025: 1.92%
- 2026: 1.78%
- 2027: 1.69%
- 2028: 1.66%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.80%, indicating a consistent and moderate increase in the production of Scientific R&D.
Future trends to watch for include advancements in technology and digitalization of R&D processes, increased governmental and private sector investments, and global collaborations which could further enhance the growth trajectory of Scientific R&D in the Netherlands. Monitoring these trends will provide insights into potential acceleration or deceleration of the sector's growth.
