Analyzing the forecasted government expenditure on R&D in Chile from 2024 to 2028, there is a consistent uptick in funding. In 2023, the R&D expenditure was $200 million USD PPP. Moving into 2024, the expenditure grows by 3.82% year-on-year and continues to see increases: 3.28% in 2025, 3.16% in 2026, 3.05% in 2027, and 2.95% in 2028. This reflects a compounded annual growth rate (CAGR) of approximately 3.25% over the five-year period.

Future trends to watch for:

Potential shifts in economic policies that could impact R&D funding.
The role of private sector investments in complementing government expenditure.
Technological advancements and their influence on priority areas for R&D spending.
Global economic conditions which could affect Chile's budget allocations.