In 2023, the business enterprise expenditure on R&D as a percentage of value added in industry in France stood at 2.60%. The projections indicate a gradual increase from 2.61% in 2024 to 2.66% in 2028. The year-on-year growth rates for 2024 to 2025 and 2025 to 2026 are 0.77% and 0.38% respectively. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is approximately 0.38%. This demonstrates a steady increasing trend in R&D expenditure by French enterprises relative to their value added in industry.
Future trends to watch for:
- Potential policy changes impacting R&D investment.
- Technological advancements driving R&D focus.
- Economic factors that could influence enterprise spending capability.
- Global competition and collaboration in R&D sectors.
