Forecast: Gross Domestic Expenditure on R&D in France

In 2023, France's Gross Domestic Expenditure on R&D was significantly positioned in the global context. The forecast from 2024 to 2028 indicates a consistent upward trend in expenditure, starting from $65.79 billion USD PPP in 2024 and increasing to $68.52 billion USD PPP by 2028. This translates to a steady average annual growth rate of around 1.2% over the period, showcasing France's commitment to boosting its research and development capacity over the coming years.

Future trends to watch for include:

  • Potential policy shifts that could further influence R&D investment levels, possibly accelerating growth.
  • Technological advancements that may arise from increased R&D spending, impacting various sectors.
  • Comparative growth in R&D expenditure among European peers and globally, assessing France’s competitive position.

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