The Total Government Research and Development Expenditure in the United Arab Emirates has shown a consistent upward trajectory from 0.69 units of GDP in 2014 to 1.48 units in 2023. The year-on-year variation has generally remained positive, with notable peaks in 2015 (29.04%) and a few dips, such as in 2019 (-0.64%). Over the last five years, the expenditure's CAGR has slowed down from 7.58% in 2021 to 2.56% in 2023.
Looking ahead, forecasted data from 2024 to 2028 show continued growth, albeit at a moderated pace with a predicted 5-year CAGR of 2.09%. The overall expected growth rate over these five years is 10.91%, suggesting incremental but steady investments in R&D.
Future Trends to Watch For:
- Potential economic or political changes influencing R&D budget allocations
- Emerging technologies and their impact on R&D focus areas
- Private sector partnerships contributing to overall R&D expenditure
- Global comparisons to benchmark UAE's growth in R&D investment
